Bridget is right by pointing out the eventual outcome. You are being naive if you think the downfall and eventual chapter 11 did not start with our hero. It takes years of bad policies and management behavior to bring a company down. Enron, GM, AIG, and others didnt vanish overnight. It was all a continuous management practice and not being proactive. Let's face it, they probably failed because of money issues....wonder how many bonuses he was paid, and how else he mismanaged the company. I think it is something to look into.
Bridget, cudos to you for digging up our friend's real history !!