So why would you not say the same for the folks spearheading their closure? Yellen has gotten multi million checks from banks
So I believe this was purely the work of the banking regulators and not the Fed. FDIC called the Fed for help to reduce the contagion, and the Fed agreed. It's possible the Fed didn't have to agree...
https://www.fdic.gov/resources/resolutions/bank-failures/fai....