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...army has launched a fraud investigation into the mysterious disappearance of an American contractor in Iraq and the killing of a co-worker shortly afterward, Defense officials tell TIME. On Oct. 9, 2003, Kirk von Ackermann, 37, was driving alone in northern Iraq when he pulled off the road with a flat tire and phoned the Kirkuk office of his employer--Ultra Services, based in Winters, Calif.--for help. A colleague arrived and found the car but not Von Ackermann. There were no bloodstains or bullet holes in the vehicle. And Von Ackermann didn't seem to be the victim...

Author: /time Magazine | Title: Without A Trace In Iraq | 2/13/2005 | See Source »

...volunteers to answer the charity consortium's phones. Among Europe's biggest corporate donors is Germany's Deutsche Bank, which wrote a check to a relief fund for €10 million. Deeply moved upon his return from flood-damaged regions of India on Jan. 4, chief executive Josef Ackermann learned that the bank's employees had already collected more than €1 million in donations. "I proposed to the board that in this extreme situation, let us do something extraordinary," Ackermann says. "Let's top off the employee donations so that Deutsche Bank as a whole can make a donation...

Author: /time Magazine | Title: Help On The Way | 1/9/2005 | See Source »

...bankers say, to a higher bid from Swiss Novartis, the U.S. 's Pfizer or another big international player. Not what the French had in mind. Tips For Today's Executive If there was a market in European business chiefs, it might be time to sell. Deutsche Bank CEO Josef Ackermann in late January flashed a victory sign and a broad smile as he walked into court to face breach-of-trust charges related to the 2000 takeover of German telecom firm Mannesmann by the U.K. 's Vodafone. He created a huge outcry about rich, arrogant executives. "Managers have lost contact...

Author: /time Magazine | Title: Biz Watch | 2/1/2004 | See Source »

...JOSEF ACKERMANN, Deutsche Bank CEO, on Day 1 of his trial for alleged breach of trust related to Vodafone's 2000 takeover of Mannesmann

Author: /time Magazine | Title: Biz Watch | 1/25/2004 | See Source »

...Bank, Germany 's largest private bank, and U.S. firm Liberty Media, claiming they allegedly conspired to destroy his media empire. Kirch won a similar case in a Munich court, which said the bank must pay damages to Kirch. If that wasn't bad enough, Deutsche's chief executive Josef Ackermann goes on trial with five others in Düsseldorf this week. The charges stem from the €15 million bonus paid to Klaus Esser, former CEO of telecom and engineering giant Mannesmann, after it was taken over by Britain 's Vodafone. Thus far, investors don't seem...

Author: /time Magazine | Title: Biz Watch | 1/18/2004 | See Source »

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