I think any professional can agree that if you're the guy at the top making decisions, everything is your responsibility. Taking the fall for something that goes wrong comes with the territory.
That's why every CEO is responsible for everything that goes on in their company, whether or not they knew every little thing that was going on. It's their responsibility to know, and put processes in place to ensure that they know, and if something still slips through the cracks, own up and take action to fix (or take the fall if it's a big enough issue).
What I think people are missing is that this doesn't absolve the perpetrator of moral, legal, and professional responsibility for a clearly malicious act. So two parties are at fault and should experience the pain in different ways. Fact remains, they should both experience pain.
That's why every CEO is responsible for everything that goes on in their company, whether or not they knew every little thing that was going on. It's their responsibility to know, and put processes in place to ensure that they know, and if something still slips through the cracks, own up and take action to fix (or take the fall if it's a big enough issue).
What I think people are missing is that this doesn't absolve the perpetrator of moral, legal, and professional responsibility for a clearly malicious act. So two parties are at fault and should experience the pain in different ways. Fact remains, they should both experience pain.