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Condi Rice garners standing ovation from Most Powerful Women crowd

One of the highlights of last week’s Fortune Most Powerful Women Summit was an appearance by former Secretary of State Condoleezza Rice, who sat down with Fortune‘s Washington editor, Nina Easton. Rice got personal about her parents and passion for education. She also waxed political, on Russia, China, Afghanistan and Iran. Whatever their views, Summit audience members were moved, giving Rice a standing ovation as she left the stage. (Read Easton’s take on the interview here.)

Rice’s statement during the interview that the Iranian “regime is done” seems especially prescient in light of recent events.

Last week Iranian President Mahmoud Ahmadinejad tried to rally support by denouncing Israel, only to be met by thousands protesting his alleged victory in June’s election. Earlier today in New York, prior to an appearance before the UN General Assembly, Ahmadinejad softened his usual incendiary rhetoric, urging President Obama to view Iran as a friend, not a threat.

A clip of Easton’s interview with Rice (see below) was shown this morning on ABC’s Good Morning America and last night by Campbell Brown on CNN. –Jessica Shambora

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