"Nobody goes down with the ship anymore," complained a pundit recently. "Whatever happened to the idea of personal integrity?" he opined.

His complaint was in response to Enron in particular, and more generally about our contemporary CEO culture, which has responded to the realities of short-term Wall Street thinking by creating a most curious disdain for the consequences of their actions.

In the mind of too many CEOs these days, the best justification for any disaster, any scandal, is: "I'm fine -- what's your problem?"