Easy there, Devo. Y'all gotta keep this to yourselves, or you're gonna spoil the arguments for the "we're stupid because we did this to ourselves" crowd.
I've been in a position of business leadership for over 30 years. In my experience, while people in leadership are certainly fallible, they are frequently making decisions based on information that others don't have. It's rarely as straightforward as it appears to you when looking in from the outside. Not that I would expect that to change anyone's mind, but absolute proclamations of incompetence are kinda silly.