RadioShack's Lesson: Trust, but Verify

On top of plunging earnings, the retailer faces a credibility deficit because of a CEO's bogus credentials. Simple checks could have avoided that

What a ride! Claiming only a bachelor's degree from an unaccredited, and little-known institution -- Pacific Coast Baptist College in San Dimas, Calif. -- David Edmondson launched a dream career, rising to the very top of corporate power and prestige. In a decade, the former Baptist preacher climbed the executive ranks of electronics retailer RadioShack (RSH) to become president and COO of the retailer. He was even elected to the board of directors at Advanced Micro Devices (AMD).

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