World

This $4.3 Billion Deal Confounds CEO President: William Pesek

For a man who billed himself as the CEO president, Lee Myung Bak of South Korea sure seems to lack business sense. In February 2008, voters turned to Lee, the former chief executive officer of several Hyundai Group businesses, to see through the reforms needed to break the economic gridlock. Who better to drive change than a guy famed for bulldozing the competition?

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