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In 2003, Krispy Kreme was the darling of Wall Street. Its stock had more than quadrupled since first going public only a few years before. Krispy Kreme's CEO also served as chairman of its board, and he had been with the company for more than twenty-five years. No one was more dedicated to the business. His wedding cake was made out of t Harry A. Bigelow Distinguished Service Professor of Law, University of Chicago Law School. n Milton Underwood Professor of Law, Vanderbilt Law School. We thank Ian