Executive View by Marshall Loeb: Some Hope for the Ex-Champ

Executive View

The free economy has been good to Robert Abboud, and maybe that is why he worries so much about its future.

He has shown that in this wide-open economy a hard-nosed scrapper can beat the odds. His first big boss warned him not to expect to rise too high in banking because grandsons of Lebanese immigrants can't make it big in that Wasp world. Abboud was not impressed, and several years ago he beat out three other candidates to become chairman of First Chicago Corp., parent of First National Bank of Chicago. He savors the perks: the chauffeured limo that...

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