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Word: collecchio (lookup in dictionary) (lookup stats)
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...bankruptcy on Christmas Eve, and corporate-turnaround expert Enrico Bondi is trying to salvage what he can of the firm, which has 36,000 employees in 30 countries and top-selling brands including Parmalat uht milk and Archway cookies. On Friday, dozens of company workers and small shareholders in Collecchio - Parmalat's headquarters and Tanzi's birthplace just outside Parma - stormed local banks demanding refunds on their original investment. Investors, creditors and regulators are on the warpath too: last week, the U.S. Securities and Exchange Commission (sec) filed suit against Parmalat in New York district court. But who is Calisto...

Author: /time Magazine | Title: Autumn Of The Patriarch | 1/4/2004 | See Source »

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