The world looks the other way when confronted with the princely sums paid to those in Silicon Valley and on Wall Street, as well as the hedge fund managers and traders who allocate capital in our market economy. But an uproar arises when a retired navy admiral, one whose efforts provided us with the most significant development in naval warfare of the century, reveals his vanity and lack of judgment when dealing with a defense contractor. Had he broken the rules? Perhaps. But there are costs as well to such a strict and unwavering adherence to such protocols, and limits to the comfort that a
...more