Microsoft's vision of the gaming console as the window into the living room is a big, big bet, and one that clearly hasn't paid off thus far.

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Since January, when he became the first outsider to be named chief executive of Newell Rubbermaidin its 99-year history, Galli has painted a dazzling vision of the future of this sleepy maker of plastic tubs, Curver wastebaskets, Waterman pens, Kirsch window hardware and a panoply of other underwhelming wares.

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