I mean you loose all your investors' money and your job. As the CEO of a bank you probably get paid a lot in equity and that would be gone. If they were really reckless they could go to jail.
Hopefully they look into the exec stock sales over the past few months.
If money in a checking account is not safe, and I can't spend cash over 10k without a ton of paperwork, where can I keep cash that is safe?
Oh how terrible. Must be awful losing your job while raking in millions off the stock you sold beforehand and then getting re-hired at the next massive bank that does the same thing.
These people rarely go to jail, and if they do it's a minimum sentence in low security white-collar "jail". The politicians will do everything they can to keep their donors donating.
The fact they ARE and continue engaging in this behavior right now proves you're just wrong about any possible "risk" they perceive.
Hopefully they look into the exec stock sales over the past few months. If money in a checking account is not safe, and I can't spend cash over 10k without a ton of paperwork, where can I keep cash that is safe?