CORPORATIONS: Everything, Inc.

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High up in Manhattan's Graybar Building is a cozy room with a fireplace, bright red & green hunting prints and a volume of Burke's Landed Gentry. Like many a Big Business headquarters, it looks like the hideout of a country squire. This is the home of The Aviation Corp., once as fabulous a flyer in the realm of high finance as the Great Roc itself.

There, this week, amid the old leather and the bright brass, the biggest deal in aviation history was being completed; out of that roc's-egg deal would...

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