Word: bernd
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Dates: during 2000-2009
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...BERND WAGNER, Exit-Germany
...Love Truck Volkswagen's assembly plant in Puebla, Mexico, is cranking out 3,000 special-edition old-style Beetles. But when the last one comes off the factory floor on July 30, the Bug's amazing 70-year era will officially end. Chief executive Bernd Pischetsrieder, however, has been too busy trying to engineer the €90 billion company's next era to get choked up over the passing of this...
...poverty that were previously unknown in Germany. A 1999 report on the East Berlin neighborhood of Hellersdorf estimated that 15% of the population lives below the poverty line - defined as a household income that is 50% or less of the national average. A large number of those are children. Bernd Siggelkow, a pastor in Hellersdorf, says Western politicians made big promises to the residents of East Berlin, but they were not fulfilled. "People here thought, 'Now the West is coming with all its glitter and gold,'" Siggelkow, 39, says. "But in the wake of unification came unemployment and a dramatic...
...dire straits. His heirs today own 47% of BMW's stock. The children of Quandt's third marriage, Stefan, 36, and Susanne, 40, sit on BMW's supervisory board. In 1999, angered by continuing losses at the automaker's Rover subsidiary in Britain, they ousted CEO Bernd Pischetsrieder in a boardroom coup. In Hamburg, the fate of Beiersdorf (Nivea skin cream) has been uncertain for months because of quarrels in the Herz family, which owns a 30% stake. The biggest shareholder, German insurer Allianz, is looking to sell its 44% stake, perhaps to Procter & Gamble. But the five Herz heirs...
...German arms merchant who illegally sold a giant drill to Iraq in 1999 has left a gaping hole in Germany's efforts to restrict the export of sensitive military-use technology. A Mannheim court last week sentenced Bernd Schompeter, 59, to five years and three months in jail after ruling that he had broken an export embargo with the drill, which can be used to manufacture cannon capable of firing chemical or nuclear weapons. It also handed a suspended sentence to Willi Heinz Ribbeck, 53, a sales manager at the machinery company that made the drill. The convictions embarrass Germany...