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...Swissair seems ready to try another tack. Last month, new (since March) CEO Mario Corti publicly repudiated Swissair's costly expansion strategy, saying the "fragmentation of the group created a difficult-to-manage structure, often at the expense of the customer and causing dilution of the core Swissair brand." He vowed to slash the company's $4.4 billion debt by $1.7 billion over the next 18 months...

Author: /time Magazine | Title: Turbulent Times for Swissair | 8/20/2001 | See Source »

...priority: jettisoning the airline's partnerships. First to go was Air Littoral, a regional French airline that was sold to its management, eliminating $90 million a year in losses. Corti followed up by bailing out of another regional French carrier, AOM/Air Liberté, which was also generating millions of losses. "The exit from France should further reassure our stakeholders that we are committed to resolving loss-making minority airline participation issues and to fully focus on our core airline business, Swissair and Crossair," Corti said...

Author: /time Magazine | Title: Turbulent Times for Swissair | 8/20/2001 | See Source »

...Delaney, such haphazard self-medication posed its own threats. "We said, 'Instead of just passing it out to see what happens, let's channel it into controlled clinical use,' " Delaney recalls. He contacted James Corti, a Los Angeles-based activist and importer of AIDS drugs who shipped 400 doses of Compound Q out of China...

Author: /time Magazine | Title: Guerrilla Drug Trials: The Underground Test Of Compound Q | 10/9/1989 | See Source »

Without revealing the purpose, Project Inform asked Genelabs, Inc., a California biotechnology firm that manufactures the drug in the U.S., to test samples of Compound Q that Corti brought back from China. They wanted to make sure it was identical to the Compound Q used in the FDA-approved study. An attorney drew up guidelines that would keep the trials within federal law. Each patient made a videotaped statement, in the presence of an attorney and a witness, that he was entering the trial of his own free will. "What we wanted was a trial that was faster than...

Author: /time Magazine | Title: Guerrilla Drug Trials: The Underground Test Of Compound Q | 10/9/1989 | See Source »

...Dream of Evil. As skillfully as he describes the horrors of the mountain, Olsen conveys the hell within Corti. Alone on his ledge, Corti cursed the planes that buzzed uselessly by. After his rescue, he murmured gratefully, "How beautiful the sun is." But in the next breath, to his rescuers' dismay, he boasted exultantly that he had conquered the Eiger. Later, he was pilloried in the press and charged with deserting Longhi to save himself. When he was finally vindicated, he swore that he would attempt the mountain once again. "I dream about it all the time, that evil...

Author: /time Magazine | Title: Books: Obsessed by an Ogre | 10/5/1962 | See Source »

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