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"He was a great president in his first term; in his second term, he wasn't the same Grover Cleveland he was to begin with. ...Cleveland reestablished the presidency by being not only a chief executive but a leader."

— Harry S. Truman
harry s. truman Quotes Executives,Leader,President

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Of one thing the investor can be certain: A large company's need to bring in a new chief executive from the outside is a damning sign of something basically wrong with the existing management - no matter how good the surface signs may have been as indicated by the most recent earnings statement.

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