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...Ackermann delivered a triumphant message to an audience of investors and financial analysts in London: his aggressive plan to reshape Deutsche Bank was working. In chart after chart, he showed how in the 16 months since he'd taken over the €23 billion bank he had begun to dump unprofitable businesses and slash costs. His last slide was the usual boiler-plate disclaimer that said the presentation "involves inherent risks and uncertainties." It didn't mention the biggest risk of all: that Ackermann himself soon would end up in court, charged with a serious breach of German company...

Author: /time Magazine | Title: In The Dock | 9/28/2003 | See Source »

...Shot the night of Sept. 6, the video shows an attack on the ammunition storage point at Khaldiya, on the outskirts of the Sunni-dominated town of Falljuah, just west of Baghdad. The ammo dump is about 1.25 miles long and, according to a U.S. military engineer, contains so much ammunition it would take weapons disposal experts a year to blow it all up. Since the official end of hostilities in May, anti-U.S. forces have been raiding the facility, taking mines, anti-tank rounds and other weapons . The unit currently based there, from the 3rd Armored Cavalry Regiment...

Author: /time Magazine | Title: Caught on Tape | 9/18/2003 | See Source »

...video then cuts to a silhouetted ridgeline overlooking the ammo dump. Neither U.S.vehicles nor attackers can be seen. The voice of someone counting down can be heard. One, two, three, and moments later a huge blast rips up from behind the ridge. Then explosions are heard and the fireworks begin. After some time someone off-camera makes a short speech in Arabic. Translated, it says: "The people who made this operation are from the few honored Iraqi mujahideen and we ask any honored Iraqis to defend this country and we can't accept any forces, Arab or foreigners, whoever...

Author: /time Magazine | Title: Caught on Tape | 9/18/2003 | See Source »

...Good work," the commander responds repeatedly. The four then claim that they destroyed Humvees and other targets. U.S. officers, however, say that not only were no Americans injured in this attack, no U.S. vehicles were destroyed. The only damage was to one ammo dump protected by U.S. tanks...

Author: /time Magazine | Title: Caught on Tape | 9/18/2003 | See Source »

...beautiful thing about the World Series of Poker on ESPN is absolutely nothing. The event originates from Binion's Horseshoe Casino, a low-ceilinged dump in the vagrant's paradise that is downtown Las Vegas. The featured players have the unkempt eyebrows, gothic stares and cadaverous skin tones of Scooby-Doo villains. They are the least attractive people on TV not named Larry King...

Author: /time Magazine | Title: Decks, Lies & Videotape | 9/1/2003 | See Source »

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