Bad managers do that. Good managers accept accountability for the failures of their teams. Delegation makes a leader more accountable, not less.
I think that's the point, you wouldn't see it. If a good manager gets unreasonably or unfairly reamed by his boss, he's probably not gonna tell his team about it, because it would be a blow to morale. If it was indeed the team's dysfunction, he'd try to improve it.
Meanwhile the most useless people are failing upward into CEO.
It's rare, but it does happen.