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...verge of insolvency; today, after Lundberg's aggressive restructuring (and a last-minute investment by the French conglomerate Vivendi), cash-flow problems are history and investor confidence is back: the stock price is up 100% since the beginning of the year. Now the former Wall Street banker wants to make Elektrim Poland's foremost producer of interactive Internet content by year's end. "She's ambitious and aggressive, and that's what you have to be to succeed in this country," says outgoing U.S. Ambassador to Poland Daniel Fried...

Author: /time Magazine | Title: Mrs. Big's Big Deals | 6/19/2000 | See Source »

...Champion of a simpler, flatter tax code, Dick "Short Form" Armey (R-Tex.) listed no assets and a meager teacher's pension as his only additional income... House Minority Leader Richard Gephardt (D-Mo.) is buried in student-loan debt... Sen. Chuck Hagel (R-Neb.), a former investment banker, is worth over $5 million... Sen. Jay Rockefeller (D-W.Va.), perhaps not surprisingly, is worth about $80 million... Rep. Spencer Bachus (R-Ala.) put himself through law school playing the markets and made about $75,000 trading in 1999. "I wouldn't do it if it weren't profitable," he told...

Author: /time Magazine | Title: Hey, They Shoulda Called It 'Capital' Hill | 6/16/2000 | See Source »

...white inside, equipped with not one but two desks, white noise generator and ample overhead lighting. The naturalist would receive a room with inclined walls and rock climbing grips, while the slacker would get a room full of last year's garbage. And, lastly and leastly, the aspiring investment banker, after putting down the cell phone for a much-overdue battery charge, will get additional practice at corporate life in a large common room complete with potted plants, conference phone, marble table and swivel chair. Modern Houses at last...

Author: By James Y. Stern, CRIMSON STAFF WRITER | Title: In the Future... | 6/8/2000 | See Source »

...epiphany: "It seemed to me that there should be short biographies by great writers." A few days later, he mentioned this idea, over cocktails, to an editor at Viking (a division of Penguin Putnam, Inc.), and a project was born. Atlas secured financial backing from Kenneth Lipper, an investment banker and a former deputy mayor of New York City. Viking agreed to co-publish, as Lipper/Viking Books, and distribute 18 prospective titles under the generic rubric Penguin Lives...

Author: /time Magazine | Title: Books: In Small Packages | 6/5/2000 | See Source »

...revolution began in 1992, when Ollila was appointed CEO and told to come up with a survival plan. He shed the rubber, paper and other businesses in favor of a new focus: wireless telecom. As a junior exec in charge of the mobile-phones division, Ollila, a former banker with a master's degree from the London School of Economics, had thrown his support behind an emerging digital network standard known as GSM (Global System for Mobile Communications), a gamble that has paid off handsomely. Today GSM rules more than half the wireless world, and Nokia's sales...

Author: /time Magazine | Title: Making the Call | 5/29/2000 | See Source »

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