My confusion arises from the basic question: Where's the The Buck Stops Here paperweight?

Inexperienced MBAs can and often do point in silly long-term directions. But doesn't the boss' desk still have that paperweight sitting on it? And the veto power that goes along with it?

So what gives?

Are these guys all asleep at the switch? And if so, where then is the institutional dead-man switch? The one designed to keep the train from jumping its tracks and causing horrendous train wrecks (re: Kodak)? I thought that was supposed to be the members of the BODs? Or did somebody weld that switch shut too?