The Latest with Lindsay: last updated 12/02/2011
This week, American Airlines announced it has filed for bankruptcy. As Dr. Lindsay suggests in this New York Times piece, the real news is what happened next.
CEO Gerard Arpey, who for years had resisted bankruptcy on a moral rather than business basis, followed his conscience and stepped down from his leadership position, despite being asked by the airline's board to stay on. In a world where personal or professional integrity is often situational rather than steadfast, Arpey exhibited a refreshing dimension of principled leadership.