Regarding the thread topic, even though it was written by an imbecile, it's worth commenting on.
None of these guys screwed up, they are doing what they have been planning to do for a while. Pillaging the coffers and moving offshore.
It's more blatant because it is crunch time.
I remember a certain individual, who used to be part of these cronies, saying this. These companies are all a scam now, the profits are paper profits, they do not exist. It for the executives to extract money via salaries, bonuses, expense accounts & stock options.
Sounds absurd, but you are watching it happen right now.