Aquino’s failings: Not just his fault, but ours, too

If a company hires a CEO who has never run even a small business all his life, and did not even distinguish himself in policy deliberations with other business people, whose fault is it if the chief executive screws up?

Or worse: What if shareholders applaud the boss even when he plays fast and loose with company by-laws, abets incompetent and anomalous golfing buddies in the firm, and gives generous bonuses to board directors after they voted out the vice-chairman who pointed out the chair’s violations?