Citigroup and FDIC

I am not sure where the Governement wants to go.  This looks like that the management is the target before anything else.  Is this a good approach? I doubt it.  I wish Citi was asked to chop its balance sheet and let creditors and shareholders bearing the brunt. Looks like too many people are getting involved and focussing on the not the most important things. The last thing one wants to do to clear up the ensuing problems is fidget with the management and bring someone new.