America loves a good “fall from grace” story. At the moment, The Ellen Show is serving up an excellent one.

Public accusations from staff have been nonstop.

Sexual harassment. Bullying. Out-of-control managers. Toxic work environment. It’s a smorgasbord of nasty.

If true, there are but two explanations. Either the real Ellen falls way short of her lovable public image, or she empowered her managers and failed to oversee them.

In other words, Ellen is either a bad person or a bad CEO.

I’m not exactly an insider. But I did spend two months working in Ellen’s world producing JCPenney’s $5 million, five-part Ellen campaign on the 2012 Oscars.