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Message: ITC decision = the BoD's fault...?

I've been away the last four days and couldn't follow Agoracom as closely as normal but skimming through the last pages implies that the IDC decision from Friday is the fault of PTSC's management and BoD.

I definitely must have missed an important part hence my question:
Can someone (not Brian...lol) please explain how this logic works =

1. what exactly is PTSC's fault (expect for Cliff and the BoD of simply existing)?
2. what should have been done in order to avoid a negative decision?

Not trying to bother anyone, I'm really serious about these questions and more the answers.

TIA

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