taylor: in the economic section, another company with a new ceo in the middle of a turnaround. can the new chief reverse its declines? here is economics editor christina>> production has been sliding for 14 years and is now at about half of what it was in 2004. the company is carrying $100 billion in debt. which makes it the most indebted company of its kind. and last week, it was downgraded by fitch which in short order also downgraded mexico's sovereign debt, which gives you an idea of how integrated their futures are. taylor: when you talk about how deeply intertwined they are, it is really interesting because in the story you talked about the new ceo in charge and how closely they are related to the government. who is the new ceo? >> october io romero is a close associate of the president. other goingw each way back to tabasco, an oil state. so they both also know a lot about the oil industry, although i should say that this man is an agronomist by training with no oil experience per se but, the traditionally the ceo job has appointment and at pemex is typically political. that said, the corruption problem also predates his current tenure. he has