Word: chairman
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Dates: during 2000-2009
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...another lesson in Wiedeking's downfall, a lesson unlikely to be lost on automotive executives, investment bankers or even European Union bureaucrats: Volkswagen is not just any German company. Wiedeking lost his bid for control of VW when he lost the support of Ferdinand Piech, the VW supervisory board chairman who initially backed a Porsche takeover. Piech realized that Christian Wulff, the premier of the state of Lower Saxony, which holds a blocking stake in the carmaker, would not support a takeover. All Wulff had to do was use the so-called Volkswagen...
...break summer for Six Flags. And in the current economic environment, families will likely sacrifice thrill-ride screams for savings. So why, in the face of such serious challenges, would Six Flags respond by rolling out an ad campaign featuring a widely mocked character that the company's own chairman once said is "misguided" and "weakens the brand"? Why, just when the stakes are at an all-time high, is a bankrupt company putting that creepy dancing old guy back on our TVs? (See the best and worst Super Bowl commercials...
...seen the security for the Afghan people deteriorate over the last three years," Admiral Mike Mullen, Chairman of the Joint Chiefs of Staff, told troops during a visit to southern Afghanistan on July 17. "We have to start to turn that tide over the next 12 to 18 months." Even as Mullen was hoping for a year and a half to turn things around, Defense Secretary Robert Gates acknowledged on the same day that the U.S. public is war-weary and that progress must come quickly. "After the Iraq experience, nobody is prepared to have a long slog where...
...report released on July 22 by the independent Center for Strategic and International Studies says much more needs to be done. This Washington-based think tank is no bunch of liberal do-gooders; it's run by John Hamre, a former Pentagon deputy secretary who also serves as chairman of the Pentagon's Defense Policy Board, which advises Gates on national-security issues...
...Former U.S. Federal Reserve Chairman Alan Greenspan argued that bubbles could only be recognized in hindsight. But investors - who have been well schooled in the dangers of bubbles over the past decade - are increasingly wary that prices have risen too far, and that the slightest bit of negative economic news could knock markets for a loop. These fears are compounded by the possibility that Asia's central bankers will begin taking steps to shut off the money spigots and bring the party to an end. On July 29, rumors that Beijing was on the verge of tightening credit sent Shanghai...