Comment by chmike

You are right that this is an opportunity to learn because it is a demonstration of incompetence at many levels. However, this incompetence has consequences that might be fatal for the company. How much time and effort will be required to level up ? As a CEO I would request an independent audit ASAP on this incident and see the real extend of the problem.

As my mother said, if you put a good apple with bad apples, it's not the bad apples that become good.