Shocking CEO downfalls

POSTED: 10:16 AM PST Mar 01, 2013    UPDATED: 08:10 AM PDT Jul 24, 2014 

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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