Last weekend, after a special meeting of the supervisory board, Volkswagen announced a broad management shakeup to help him lead the company as it heads into a new, and perhaps bumpy, growth phase.

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Shafir, who was a lead banker for Cisco deals, now heads Weisel's mergers-and-acquisitions practice.

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Let us hope that cool heads will be in the lead and avoid the policies that so clearly would hurt us all.

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