Time to RECOUP money from bankers. Keep the momentum going Apes!

When Silicon Valley Bank crashed earlier this year, CEO Greg Becker deployed his golden parachute and nabbed himself $3.6 million by selling his stock just before it lost most of its value. The ultimate inside move.

Similarly, executives at First Republic Bank grabbed their $12-million life jackets in the months before the bank failure, keeping them buoyant as their enterprise sank, leaving creditors and customers underwater.

Now, in a rare display of bipartisanship, the Senate Banking Committee has passed the Recovering Executive Compensation Obtained from Unaccountable Practices (RECOUP) Act, which would allow regulators to recoup bank executives’ compensation from two years prior to a bank failure. $AMC Entertainment (AMC.US)$