Moral Hazard, Pt. 2

Here is an idea: The shareholders of Citibank should consider suing the asses off of the top level of management and of the Board of Directors for failing in their fiduciary duty to the shareholders.

Since we can't imprison those guys and we can't take them in the tumbrels to the guillotine, then maybe Death by a Thousand Lawsuits would be a fitting punishment. Each shareholder should sue them individually, so the managers have to spend the rest of their lives undergoing depositions, court appearances and trials.