I don't think what Michael Phelps did was so terrible, but he's not a little kid. He's 22 and old enough to figure out how to handle peer pressure. He'e also old enough to understand that the multimillion dollar contracts he signed are serious business. There well may be clauses in his contracts specifying penalties for getting arrested, etc. Kellog's can make their own decisions; they running their business, not me.

Phelps may have given his life to train for the Olympics, but that was his goal, not mine. He's not going to jail, which would be silly. He lost a sponsor; live and learn.