Shocking CEO downfalls

Published On: Mar 01 2013 10:16:03 AM PST   Updated On: Jul 24 2014 08:10:37 AM PDT

Walmart's Bill Simon is the latest big-name CEO to make a shocking departure.

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Martha Stewart (Martha Stewart Living) -- Homemakers nationwide were shocked when Stewart resigned in 2003 as CEO of Martha Stewart Living over insider trading charges. In 2004, she was found guilty of obstruction of justice, making false statements and perjury, and served prison time.

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