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...character. The imperious Schrempp, by contrast, continued to lurch from crisis to crisis until the Daimler board showed him the exit, three years before his contract expired. DaimlerChrysler stock soared about 10% on the news. The change of leadership "dramatically alters investor perceptions," said Merrill's London-based auto analyst Stephen Reitman, who upgraded the stock to neutral...

Author: /time Magazine | Title: Autos: Can Mercedes Be a Star Again? | 10/9/2005 | See Source »

...acquiring Seagram in 2001. The degree of difficulty is greater now though, since Allied Domecq's brands and distribution channels are comparatively stronger than Seagram's were. "I don't think they'll get anywhere near the level of growth they got with the Seagram business," says Deutsche Bank analyst Graeme Eadie, citing dragging sales of Kahlua liqueur, Ballantine's scotch and Beefeater...

Author: /time Magazine | Title: Deals: In High Spirits | 10/9/2005 | See Source »

...coming to light as FBI director Robert Mueller continues to try to prove that the bureau's handling of intelligence has been fixed since he took the helm following the agency's pre-Sept. 11 missteps and the jailing of superspy Robert Hanssen. The arrest last month of FBI analyst Leandro Aragoncillo raises doubts about the effectiveness of reforms put in place after Hanssen sold secrets from FBI computers to Russia. Aragoncillo, who previously worked in the offices of Vice Presidents Al Gore and Dick Cheney, is suspected of taking classified documents from the same FBI database as Hanssen...

Author: /time Magazine | Title: A Spy Among U.S.? | 10/9/2005 | See Source »

...analyst came under suspicion in March after Immigration and Customs Enforcement officials tipped off Aragoncillo's superiors that he had tried to intervene on behalf of a man who was detained for overstaying his tourist visa. That man later became known to officials as Aragoncillo's alleged Filipino handler, former senior Philippine police official Michael Ray Aquino. According to arrest papers, a subsequent FBI audit of Aragoncillo's computer use found that he had searched for documents out of his area of responsibility. But a full investigation was not initiated until July. Perhaps most troubling, during the intervening four months...

Author: /time Magazine | Title: A Spy Among U.S.? | 10/9/2005 | See Source »

PLED GUILTY. LAWRENCE FRANKLIN, 58, senior Pentagon policy analyst; to leaking classified information to two pro-Israeli lobbyists and one Israeli official, in a statement that appeared to undermine Israel's insistence that it does not spy in the U.S.; in Alexandria, Va. He is likely to face less than the maximum of 25 years in prison because he has agreed to cooperate with an ongoing investigation...

Author: /time Magazine | Title: Milestones Oct. 17, 2005 | 10/9/2005 | See Source »

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