> with the common man absorbing the losses.
Most of your comment seemed reasonable, if a tad speculative given a lack of insider knowledge. But the last part feels like unnecessarily searching for a class warfare argument.
To date, said execs have lost their equity, and liabilities have been transferred. It remains to be seen if any more losses will be absorbed, and by whom and how much.
A counter argument is that a bunch of bank runs will destroy the "common man" and small businesses a lot more than folks parking money in hedge funds. The FDIC insurance pool works fine for a small number of regional banks, but it really is not that large.