Best Local Boy Gone Bad - 2006
Hometown network provider Savvis Inc.'s stock price may have been in free-fall, but that didn't stop Robert McCormick from rolling high. During a 2003 outing to a Manhattan strip club, the lusty CEO and father of three allegedly racked up a $241,000 tab on his corporate AmEx card and then, when the bill came due, welshed. McCormick, who'd ultimately tender his resignation over the matter, didn't deny visiting the New York pleasure dome on the night in question but insisted he couldn't have spent more than $20,000. And ever- attentive to the line between business and pleasure, the CEO never asked Savvis to reimburse him for the trip.