The exploit was on a poorly written smart contract, not ethereum itself, correct -- I never said otherwise.
>the judgement of the Ethereum devs to have ultimate control and veto power over anything
This is the misinformation I'm talking about. The Ethereum devs had neither control nor veto power. That's simply not how hard forking works.
It was made clear multiple times that the decision was up to the community.[1][2] The decision was coordinated via a decentralized community hashpower vote,[3][4] and executed via a majority hashpower commitment.[5] Exchanges and the foundation carried on with the longest chain[6] as is intended with nakamoto consensus.[7]
[1]https://www.reddit.com/r/ethereum/comments/4r9yud/the_curren... [2]https://www.reddit.com/r/ethereum/comments/4ro2p9/options_in... [3]https://www.reddit.com/r/ethereum/comments/4tlb1y/hard_fork_... [4]https://www.reddit.com/r/ethereum/comments/4tffta/hard_fork_... [5]https://www.reddit.com/r/ethereum/comments/4tsl16/new_blog_p... [6]https://poloniex.com/press-releases/2016.07.15-Ethereum-Hard... [7]http://nakamotoinstitute.org/bitcoin/