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Mellody Hobson, right, speaks with Sally Blount during the Women in the Forefront luncheon on April 15. (Courtesy of The Chicago Network)

“Bravery means that you’re fearful,” Ariel Investments President Mellody Hobson said  to an audience of 1,600 during the annual Women in the Forefront luncheon last week. “You cannot be brave without fear. I think that’s more important than anything else, especially for women.” 

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Billionaire Sam Zell is just the latest to sue former Tribune Company shareholders in an effort to claw back more than $2.5 billion. We speak with a bankruptcy expert to see if this can actually happen.

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