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Thorns & roses.

Chief Executive (U.S.) • Sept, 2007 • CEO CHRONICLES

ROSE ...

Who says there are no second chances in business? Cerberus Capital Management has named former Home Depot CEO BOB NARDELLI as CEO and chairman of the newly hived off Chrysler. CE predicted private equity would scoop up Nardelli and make use of his considerable operational skills. Now it's up to the former GE executive to prove he has the right stuff.

[ILLUSTRATION OMITTED]

THORN ...

To New York Governor ELIOT SPITZER, for his dirty tricks campaign using state police to collect bogus information aimed at discrediting New York State Senator Joe Bruno. It seems that the toxic cocktail of self-righteousness and ambition displayed by the former crusading attorney general has come to haunt him. We wish him the same due process he meted out to Marsh & McLennan, the NYSE and Hank Greenberg.


COPYRIGHT 2007 Chief Executive Publishing Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
NOTE: All illustrations and photos have been removed from this article.


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