Thomas Jefferson Street

Imagine if four CEOs of America's biggest companies—for the sake of argument say Steve Ballmer of Microsoft, Mike Duke of Walmart, Jeff Immelt of General Electric, and Rex Tillerson of Exxon-Mobil—were all charged with serious crimes, with three of them actually going to prison. Imagine the media handwringing and teeth-gnashing over the ethical state of corporate America such scandals would inspire, as well as the rush by business schools to upgrade business ethics courses.

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