Tim Robbins was bad in this.
The movie was written well enough to overcome his bad acting, but after watching enough times, you can see it and it's bad. The part when he was being ominous talking to Red is just really bad. He can't pull it off without seeming real hokey. And the part where he starts withdrawing his accounts, anyone would have been extremely suspicious with the way he was smirking like a weirdo. It's almost like he was winking to the audience watching. There was no subtly to any of his acting in the movie at all.
Gil Bellows is also a bad actor and it's why neither of them have much of a career to speak of.