Shocking CEO downfalls

Published On: Mar 01 2013 12:16:03 PM CST   Updated On: Jun 19 2014 07:45:12 AM CDT

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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