Carol Tucker (5/10/2011 12:00:12 PM) These days the BOD can be held personally liable for a failed bank -- which is one reason it is becoming more difficult to find Directors! The Fed has started suing when they feel that there is malfeasance Dannah Bridger (5/8/2011 5:35:18 PM) I learned yesterday that a scant 100 years ago, a bank president was held personally liable for bank failures. I wonder how many of these failures would have occurred if that law had not been changed?