CEO's, Taxes, Failure and success

It is a shame that a few CEO's (quite a few actually) ruin the image of all others. There are a lot of CEO's that took risk, founded companies and built them up. These CEO's not only took huge risks but very often "bet the farm" in terms of investing in their own startups. These CEO's hire the most people in the world as most companies (90%) have 500 or less employees. These CEO's should be able to reap the fruits of their labor.
The problem is CEO's who get hired to run large companies that drive them to the ground, they never felt the pressure of starting from scratch and they get compensated through the roof even when their respective companies loose billions - that's wrong. This coupled with a very corrupt political system is the root of the evil.
We cannot survive without entrepreneurs and we certainly need a system that motivates them. That said, stockholders control the BOD and the BOD controls the CEO. In my house I sweep the stairs from the top while these guys sweep the stairs in the middle and at the bottom so the dirt stays on top and eventually gets dragged down again.
If you run a company to the ground and there's no private equity available then do not come and take money out of my pocket (tax-payer pocket), if my company fails I will not ask for a bailout from the public at large. If the GM stock tumbles that means there are more sellers than buyers, why should I then be forced to buy this stock by the folks on the hill?
We need a serious cleanup that inspires entrepreneurs while still keeps government at a minimum and taxes low - now our taxes are being used to bail out failed companies.
To Lee Iaccoca: yes, change the coach/quarterback when your team is losing, what in the world makes you think they can turn it around after having failed so miserably.