[readthenotes1]

misfeasance, in this case, more than malfeasance.

And of course there are consequences to senior management.

<s>

Since they cashed out a bit and got their bonuses, they can probably take a vacation for a month or two and then come back and get a promotion in some other part of the financial industry. After all, they have learned a multi-billion dollar lesson. Don't want to throw that away!