Rajat Gupta, former chief of McKinsey & Co., was sentenced to two years in jail for insider trading and a fine of $5 million. Whether that will send a deterrent message to corporate boardrooms, which prosecutors claim, is unclear.

“What Now?” asked the headline on the front page of the San Franciso Chronicle, the day after Steve Jobs stepped down as CEO of Apple. After more than a decade of technological ascendancy by Jobs and Apple, where and who now will the world look towards for the next creative breakthrough?