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National Intelligence Director Dennis Blair resigning in the wake of a series of intelligence failures

In this Jan. 9, 2009 file photo, then President-elect Barack Obama listens as then-National Intelligence Director-designate Dennis Blair speaks during a news conference in Washington. (AP)
National Intelligence Director Dennis Blair is resigning in the wake of a series of intelligence failures -- in the Fort Hood shooting, the failed Christmas Day bombing plot and the attempted Times Square bombing.
"It is with deep regret that I informed the president today that I will step down as director of National Intelligence effective Friday, May 28th," Blair said in a written statement.
"I have had no greater honor or pleasure than to lead the remarkably talented and patriotic men and women of the Intelligence Community," he said.
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