If ever an American company represented the land of milk and honey for corporate executives it was Anheuser-Busch, though perhaps the land of hops, rice and barley would be more apt. For decades a palace of well-paid vice presidents in cushy offices presided over the manufacture of Budweiser, America's beer, in that most American of cities, St. Louis. They also oversaw the Busch Gardens theme parks in Virginia and in Florida, where Shamu the killer whale was on the payroll, along with a stable of 250 Clydesdale horses. It was a first-class operation all the way. There were $1,000 dinners, hunting...