Just replace the embezzling co-director with defecting technical leads and I've seen something nearly identical. I think it's simple denial. They've decided t

Just replace the embezzling co-director with defecting technical leads and I've seen something nearly identical. I think it's simple denial. They've decided that they know what the problem is/was and being in a position of power surely have to shortage sycophants for reaffirmation. I expect they'd see the situation quite clearly from the outside, abstracted from emotions and prepared rationalizations.