That's destructive, not productive.

After they break 'em up, have them glue the little rocks back together into big rocks.

Seriously, I'm as frustrated as anyone else but I don't see criminality. Where's the hostility at the board who has put up with this crap?

Part of the problem is in the very nature of the stock market and publicly held companies. People invest for short term, or at least relatively short term, gain. Long term profit and sustainability will be sacrificed in a heart beat anytime it's possible to do so in order to improve this quarter's bottom line. I'm very glad I work for a private company that can, and does, take a long term view.