Ethics and US Corporate Executives

I saw this quote on the facebook wall of my friend. Worth quoting here:

“If (BP CEO) Hayward gets kicked out, he’ll walk away with a generous pension entitlement of nearly $900,000 a year.To jaded American eyes, these figures may not seem that large. But that’s only because we have become inured to the wholesale larceny of U.S. executive pay. We forget that the United States is to boardroom looting what Nigeria is to email scams. No one else comes close.” – Brett Arends/Marketwatch

Do you think that US executives and the corporate world is full of scamsters and people with little, if any ethics?