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HEARD ON THE STREET
NOVEMBER 19, 2008

A Breach in La Défense

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Running a big company in France isn't what it used to be. In recent weeks, disgruntled shareholders have pressured company boards to eject three underperforming CAC-40 chief executives, replacing them with foreigners.

Alcatel-Lucent, Sanofi-Aventis and now Carrefour have appointed new Dutch, ...

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