Precisely on time, the CEO is doing exactly his job, which is to take the fall on behalf of investors. This is why these CEOs get their shares/comp packages ala “golden parachute” - precisely this right here. Ever wonder why “failure” CEOs are repeat public company CEOs?<p>Now the board can look at this they can take to Congress. They can wave it around and say “See, look, we’re taking responsibility. “We’re doing the right thing, etc. blah blah blah blah blah blah. We’re gonna hold this guy accountable and shake our fist really hard and look at this: We even put a bad story out on a big paper.”<p>It’s cost of doing business - built into the risk model for TOS and legal scope within the likely amount of payout in settlement.<p>It’s all a huge joke