Your career would be over.
Or at least, you would have to transition over to an active fund!
Who exactly do you think wants to stick their neck out and say, "I work for a passive index fund. The whole premise of our career is that we don't try to play the market. But just this one time, I'm going to play the market anyway, and I'm going to use your money to do it."
Sorry, not happening. If you don't like the fact that this stuff is going to be included in the index, then your only option is to stop buying the index. Of course they think they would think they're right. Everyone doing active investing always, every time, thinks they're right. They will buy the index the way they always do, and then they will say, "If you don't like it, take it up with the index."
Watch the scene in Big Short at the bond rating agency for an indication of what's really going on here, is my guess.
If it's a poorly run fraudulent company the regulators and the banks are at fault for letting it go public not the indicies