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Nissan Board Fires Jailed Chairman Ghosn

Once-admired auto executive Carlos Ghosn's fall from grace deepened Thursday when directors of Nissan Motor Co. voted unanimously to fire the recently jailed businessman from his post as board chairman. Dismissed along with Ghosn was another director, Greg Kelly, whom the board accused of working with Ghosn to understate their incomes on formal declarations and use company assets for personal purposes. An internal investigation presented to the board found that Kelly had "been...

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