can the management of a company shortlist and select their own board of directors. then the directors approved everything that the management wants. pay the ceo and whoever anyhow, pay employees 3 or 4 increments in a year, suka suka pay bonuses, any amount to anyone, approved management expenses, even all charges to corporate credit cards to a tune more than their monthly pays? and ceo said everything is approved by board of directors. and no one is at fault and nothing can be recovered? ceo is free, board of directors just walked away. nothing can be done. no crimes, no intent to deceive or cheat. just bad management decision by very able professionals?