"Market pundits would have you believe that corporate profits are the driver of stock prices. They're wrong. Ultimately, it is demand for stocks that drive prices. If demand falters for whatever reason (for example, loss of faith in a rigged market), then stocks will decline in price as organic selling pressure (people liquidating positions and accounts for whatever reason, such as paying their mortgage and buying food now that the household is surviving on one shaky income) is a constant that only rises as the economy sheds stable fulltime employment."

http://www.financialsense.com/contributors/charles-hugh-smith/2011/12/08/jobs-market-correlation-does-not-look-good-for-2012

Don't blame our BOD, but instead scream they cut their pay. It's going to be a long of period of malaise dealing with the likes of Corzine and MFG.