Not saying Cyprus is innocent, nor the banks. But if someone orders a murder, you arrest the hitman, AND the guy who hired him.
If you had a wound and waited until your leg is gangrenous, will you blame surgeon when you lose your leg?
I certainly would if he took the wrong leg. It's not the depositors' fault that their banks made stupid decisions. It's not the depositors' fault that the morons running the country decided to save the banks from the consequences of their actions. It's not the depositors' fault, but the ECB decided that they should pay. That's fucked up. The bank officers, from the top all the way down to the branch managers, should be penniless in the streets before a single cent of the banks' customers' money was touched.