This ignores that fact that all the pinkie CEOs took money from the death spiral guys because no one else would give it to them. Now they're complaining that they didn't realize it was bad for the company? This is starting to sound like the "We were scammed by Monk too" protests from the company that rang pretty hollow when the extent of the relationship was revealed.
How about the shareholders who lost money buying those toxic shares?
“No one in this world, so far as I know — and I have searched the records for years, and employed agents to help me — has ever lost money by underestimating the intelligence of the great masses of the plain people" H.L. Mencken
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