If you think peer review is sane, consider this example:
El Naschie is editor in chief of the journal Chaos, Solitons and Fractals. This journal is published by Elsevier, one of the biggest players in the science publishing business. But here’s where things get interesting: this journal also lists 322 papers with El Naschie as an author!
The journal has a high impact factor and a high rating by the Australian Academy of Sciences.