Toshiba’s CEO has resigned in response to massive legal controversy

Inflating your operating profits is a big, BIG no-no from both a business and legal standpoint. This is something that the executives at Toshiba are learning the hard way after it came to light that they’ve been inflating profits for years, and CEO Hisao Tanaka has been forced to resign as a result. He’s certainly not going to be the last executive to do so either.