Commentary
If a business were losing money fast, sinking into debt, suffering from inefficiency, and engaging in some dubious financial practices, nobody would question the need for new leadership to step in and implement fundamental reforms. Some people would lose their jobs, some units of the business might be shuttered, and money going out the door would be reevaluated and, perhaps, trimmed here and cut there. As long as it appears fair and open—no cronyism or favoritism, no golden parachutes for the people who created the mess in the first place—outside observers wouldn’t complain or criticize.