I totally agree but think that share owners also must share the blame for failing to act as owners and take responsibility for the companies they own. We in theory appoint the executives at annual AGMs to run these companies on our behalf and it is clear that we can be pretty rubbish at it. We often seem to appoint "numpties" to do this who are at best incompetent or perhaps equally dishonest.
Hat tip to Sunny Hundal on Facebook for clip and a great title.
In my world I see people being jailed for defrauding the state of relatively small amounts of money for claiming benefits and not declaring a partner or a part time job. Yet none of the the bankers who have defrauded the state of billions of pounds have seen any porridge? This is unfair.