Shocking CEO downfalls

Published On: Mar 01 2013 10:16:03 AM PST   Updated On: Jun 19 2014 05:45:12 AM PDT

American Apparel's controversial founder and CEO is the latest 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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