Iran's beleaguered business community has never been a big fan of President Mahmoud Ahmadinejad, considering him a poor economic manager and viewing his jousting with the U.S. and Israel as perilous. But now, amid bloody turmoil following the disputed June 12 presidential election, business may be getting something even worse—a prolonged bout of instability that could scare off investment and deep-six an already flagging economy.

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