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As the recession worsens it's easy, in our anxiety, to forget the corruption and corrosion in some circles of business life that brought us to an impasse both dangerous and disillusioning. It came home to me once again at a board meeting of a small foreign policy group in a city other than Dallas. We were discussing an additional benefit for the CEO that at first had seemed not to be taxable. But our attorney's opinion had changed. Now, apparently, it is taxable, and the board was incorporating that view into its plans.
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