Imagine, if you will, that you work for a company whose president found it necessary to travel out of the country and spend an extended period of time abroad. So he says to you and the other trusted employees, "Look, I'm going to leave. And while I'm gone, I want you to pay close attention to the business. You manage things while I'm away. I will write you regularly. When I do, I will instruct you in what you should do from now until I return from this trip." Everyone agrees.

He leaves and stays g…