If a bank fails in China, they behead the man at the top of it that was responsible. If one fails over here, we write the men up in the magazines as how: They started poor, worked hard, took advantage of their opportunities (and Depositors) and today they are rated as “up in the millions.” If we beheaded all of ours that were responsible for bank failures, we wouldn’t have enough people left to bury the heads.

Will Rogers (1879-1935) American humorist

Column (1927-02-06), “Weekly Article”
    (Source)

The idea that in China the leadership of banks that fail is executed pre-dates Rogers, e.g., 1893, 1908, 1922.