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To: GST who wrote (143776)	7/15/2002 9:01:22 PM
From: craig crawford	Respond to of 164684

USAJewish.com usajewish.com Famous Jews Making News Last year, Rite Aid lost 80% of its stock value How did the empire forged by Alex Grass fall so far, so fast? _Drug chain's family ties prove brittle Alex Grass could not keep quiet any longer. The founder of Rite Aid Corp. set out for New York on Sept. 7, 1999, to deliver a warning to two members of the company's board of directors: The drugstore company was bleeding cash. Grass, who since 1962 had built the retail Goliath from one pine-shelved store in Scranton, was a director, but not chairman. He had lost that job four years earlier when his older son, Martin Grass, shunted him aside in a boardroom coup. The 72-year-old had kept a low profile ever since. But on this morning, he decided to speak up, people familiar with the situation recalled. Rite Aid, his pride and joy, had turned into an embarrassment. (Philadelphia Inquirer)