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McDonald's Fast Food Chain CEO Retires

McDonald's Corporation abruptly announced that chairman and CEO Jack Greenberg is retiring. Greenberg has been under fire for the fast food chain's weak performance in the face of mad cow disease, price wars and complaints about poor service. NPR's Scott Horsley reports.

Copyright 2002 NPR

Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.