(* Arthur Andersen shredding Enron papers is one example; even if it *is* the actions of a couple of people and management and some peons "just following orders", it has put the entire company's practises into doubt. *)
Then prosecute each and every one of them one-by-one.
(Although it is sticky if one will lose their job for "not being a team player" and disobeying bad orders, such as shreading.)
There has to be a better way than killing the entire company.
Remember, this would be a temporary situation to get the economy back on track.
And then fire congress for allowing H1B's during a tech downturn.