Word: bernd
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...helped produce the country's postwar economic miracle. But in the age of globalization, that model is looking more and more out of date. With last week's acquisition of Dresdner Bank by Allianz, Europe's second- largest insurer, the cosy relationship is starting to unwind. Said Dresdner chairman Bernd Fahrholz: "Our union is above all a very important step toward the dismantling of Germany...
...wreckage has emerged a vastly different landscape, where Old Economy companies, values and business fundamentals like real revenues and profits have reasserted themselves, and where risk and euphoria have been displaced by disillusionment, caution and blame. "It was an expensive lesson," says Bernd Hardes, a venture capitalist who co-founded ECONA AG in Berlin. Says Elserino Piol, president of Italy's Pino Venture Partners: "We've come to the end of the pioneer cycle." Venture capitalists are at the heart of that change. Before the markets turned south, such folks had a clear, highly lucrative exit route from almost...
Hoferwas born in 1944 in Everswalde, Germany. She grew up in Cologne and was an assistant to Werner Bokelberg in Hamburg before becoming, in 1976, a student of the influential photographer Bernd Becher. Since 1976 when he was named...
...Bernd Kaess, a German who was Bertini's chief of staff for 3 1/2 years, credits her with making the WFP known and appreciated by donor countries. Under her tenure the operating budget dipped from $1.6 billion to $1.2 billion, but is now nearly $1.9 billion, an all-time high. "She found the money," Kaess says, "and she put WFP on the map." Kaess also credits Bertini with decentralizing the WFP. Says he: "If we were in El Salvador 24 hours after the earthquake, that was because of decentralization." More than 80% of the WFP's 6,000 employees work...
...Piccard is the grandson of Auguste Piccard, the famed physicist and part-time aviator who in 1932 became the first man to reach the stratosphere in a balloon. In 1988 an engineer named Klaus Hagenlocher began poring through the Zeppelin archives and persuaded the company's CEO, Friedrichshafen Mayor Bernd Wiedmann, to resurrect the airship. In 1993 a new company was formed to create a prototype, the LZ No. 7, which Danneker piloted on its maiden flight in 1997. Its construction was funded by a foundation set up by companies that came into existence as parts suppliers in Zeppelin...