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How many second chances does IPG get?

John Foster Dulles once said, “The measure of success is not whether you have a tough problem to deal with, but whether it is same problem you had last year.” On that measure, Interpublic Group’s board of directors must rate an F!

Look at the IPG headlines during the past three years—earnings restatements, new CEOs, new CFOs, shareholder lawsuits, SEC filing difficulties, accounting investigations, debt-rating downgrades, important client losses, stock downgrades, etc.—with

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