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I think the moral question is unrelated to the legal matter (which is why he's stepping down), but I'll take the bait on the moral question.

Polygamy is not concubinage is not having extramarital affairs

Making a promise to someone of exclusive sexual intimacy and then breaking that promise is recognized near universally as a moral failing. He knew such an affair would hurt not just shareholders financially but people emotionally.

Maybe the guy isn't totally morally fiberless, but I think most people would agree that such behavior is a (non-trivial) moral failing.

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What you’re saying is that (some) men have lacked morals for a long, long time.
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No I’m saying that your conception of morality is wrong, but to understand this you have to have humility/not be narcissistic.

Particular notions or feelings of right and wrong that you may have because of prevailing norms in the particular era and location which you live or grew up in don’t necessarily have any bearing on what is moral or not.

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Is your claim that cheating on your wife is a moral thing to do?
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The concept that a man can even “cheat” on his wife is a modern idea.
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