In Citizens First Nat. Bank v. Cincinnati Ins. Co., 200 F. 3d 1102,1105 (7th Cir. 2000), the court dealt with an issue involving a large claim under the Bank's liability insurance policy resulting from unsound investments the Bank's trust officer made using his customers' life savings. Okay, so maybe the hiring process could have been better; according to the court's opinion, "In retrospect, the bank's decision to put Rimington in charge of its customers' trust accounts looks a lot like Mister Burns' determination that Homer Simpson would make a fine nuclear safety inspector." No word from the court regarding which trust officer was eating pink donuts with sprinkles at the time the transactions were made.
SGW