In a way, William Aramony was a victim of his own success -- and excess. President of United Way of America for the past 21 years, the energetic Aramony was widely credited with boosting annual receipts from $787 million in 1970 to more than $3 billion in 1990. He had sought and nurtured a lucrative agreement from the National Football League to donate valuable advertising airtime, featuring pro celebrities, during nationally telecast N.F.L. games. But last week, facing embarrassing criticism of his life-style, Aramony abruptly resigned.
The United Way leader's future had been in jeopardy ever since the Washington Post and...