'Known-good' is exactly the problem Thompson's essay is describing. There is no 'known-good'. Instead, you have decided to root your chain of trust with a compiler you call 'known-good' (say, B). But ultimately, that trust is arbitrary: your compiler B relied upon un-investigated components at some point in its heritage: a hex editor, a disk drive controller, a CPU, an LCD screen, etc.
The best you can do is reduce the trusted base to the smallest amount, then make explicit your trust relationships as much as possible. Ideally, the trusted base would be physics and logic with a metaphysical certainty of the universality of those laws; we're a long way from that situation :)