Please. If I may eat a little crow, let's be very, very clear about something if I may.
Bill P (pyromania) isn't the bad guy here. Tedd wrote the check, Bill is the one who cares about things. Bill is actively trying to pay Tedd back it seems, which would completely resolve most of the issues, so "Punishing" him might serve as a wake up call, but it won't solve the real problem which -- at this moment -- seems to be a "Dual CEO" issue.
Meanwhile, Tedd is in the background doing God knows what (like unbanning Franko) without bothering to communicate with anyone (I've only ever gotten one e-mail from him, and that was asking for a job reference).
Bill -- unfortunately -- seems to be caught in the middle of a shitstorm caused by his own RealLife[tm], Tedd, Franko, the users, Moobunny, and admittedly, even me. I was up until about 3am local writing back and forth with Bill about my suggestions on how to fix things. While they're just my opinions, let's hope that he's able to institute a few of them, as I figure they could help turn things around.
As emotional as I am about things, I still want them to work out for the best.