Ratner’s Group, previously a major (market cap ~1bn pounds in 1990) jewellery chain; the CEO gave a speech in which he pointed out that it sold cheap crap, resu

Ratner’s Group, previously a major (market cap ~1bn pounds in 1990) jewellery chain; the CEO gave a speech in which he pointed out that it sold cheap crap, resulting in a loss of 500m pounds, its near collapse, and his firing: https://en.m.wikipedia.org/wiki/Gerald_Ratner https://en.m.wikipedia.org/wiki/Gerald_Ratner That was a one-off really stupid comment, tho, so a little different. I mean, realistically, this situation, where the CEO of a large public company has become a public official and is running around doing Nazi salutes and calling people the r-word on twitter is kinda unique; nothing like that has happened before. Even just a CEO of a large public company becoming a public official while keeping the CEO is pretty deviant; that's really not done.