Relative to the initial proposal, insured depositors have benefited at the cost of the uninsured, and most people think that is quite right.
With their initial plan to tax all depositors, policymakers made it clear that they would, in certain circumstances, be prepared to take that money.
While initial entries are uploaded by depositors, these are later checked by a different individual.
"You should never have agreed to the attack on the deposits below the €100,000 level," said Mr. Swoboda, referring to the initial, subsequently aborted plan to force small depositors in Cypriot banks to contribute to the bailout.
The F.D.I.C.'s initial releases are intended to minimize concern among depositors as well as convey information, and the agency did address follow-up questions.
It is understandable that Cypriots are angry, particularly as the initial proposal for a bail-out hit insured depositors as well as uninsured ones.
The Icelandic government, in a statement by its foreign ministry after Monday's verdict, said that Landsbanki had already paid out some $4.5 billion to Icesave depositors, covering nearly half of all initial claims by individuals, charities and others in Britain and the Netherlands.
Speaking about the bailout, Mr Draghi said that the initial plan to impose a levy on all depositors "was not smart to say the least".
Last week, the initial plan to seize money from even modest bank depositors sent swarms of panicked residents to automated teller machines to try to withdraw their money.
Their confidence was increased by the fact that depositors did not start bank runs in other troubled parts of the euro zone, and the market's initial nervousness soon abated.
