Mr. Smith leaves Washington, joins a dot-com

Former U.S. Sen. Larry Pressler's resume reads like a U.S. president's: Vietnam veteran, Rhodes scholar, Harvard Law School, 22 year-s in Congress, member of the Council on Foreign Relations. But these days, the 58-year-old Republican spends more time kick-starting his new career as a board director for b-to-b companies than dreaming about the Oval Office.