Well, I have mixed thoughts here.
At the end of the day we shouldn't be blaming EA but the Bioware Co-Founders for what's going on here. From where I'm standing these guys built up the "Bioware" brand, and then sold the company to EA while still remaining tenatively at it's head. They figured they would stick around if EA's plans worked, but when they predictably failed, they more or less grabbed the golden parachute of their payout, and left. From their perspective it was a giant cash grab, they got paid and didn't really care about the games, they got a payout, and a chance at more money, but when it failed they were able to leave what they grabbed. The way they played it they can now retire in their early 40s, if it hurts games and gamers, so what? They made theirs.
As I understand things this was not a hostile takeover, it was a conscious desician at the top to take EA's money and merge with them, these two guys were probably the ones who decided to do that, they are thus responsible for what happened to the games, employees, and the state of gaming. EA was doing what it always does, and was a known quantity, there was no real deception involved as far as I can see.
To be honest I'd be wary of either of these guys if they decided to get back into the business because if they sold out, and then jumped ship, once, there is no guarantee they won't do it again.
If I sound more judgemental of Bioware's leadership than I am of say Richard Garriot, a lot of it has to do with timing and when things happened. It's because of how things turned out with guys like Richard that you can't claim ignorance of what was going to happen and who was being dealt with in Bioware's dealings.
It's sad that what is likely the last vestige of what made Bioware what it was is now gone, but I think we all knew this was coming. I do not however view the co-founders as victims here as much as part of the cause. In the absolute best case you can say they brought it on themselves, and given their apparent retirement in their early 40s (which means they can afford to do so) it doesn't seem like they are in bad shape, or especially sympathetic, after all they doubtlessly knew they had the option to do this which is why they sold out.