Word: franzes
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...find a photo of himself along with several colleagues in a mock WANTED poster. Ostmeier's offense: he runs the German operations for the Blackstone Group, the big U.S. buyout firm. Blackstone isn't exactly a household name in Germany. But this spring, a top German politician named Franz Müntefering likened Blackstone and other private-equity groups to "swarms of locusts" that fall on companies and devour all they can before moving on. "Some financial investors don't waste any thoughts on the people whose jobs they destroy," said Müntefering, who is chairman of Chancellor Gerhard Schr?...
...secret of Horowitz's appeal is twofold. His phenomenal technique, regarded by piano connoisseurs as the most dazzling since Franz Liszt set the standard of virtuosity in the mid-19th century, gets the listeners into the tent. Horowitz could always do anything he wanted at the keyboard, whether pounding out octaves or rippling off scales in thirds. But mere technique is not enough. Just as Luciano Pavarotti's high notes, in the tenor's prime several years ago, were backed up by a gorgeous liquid tone and a supple sense of phrasing, so Horowitz's pianism offers many subtleties...
...today, many mills have shut down. Last year, the number of steelworkers in Germany plunged to 78,000 - nearly half of whom live in Duisburg - from 297,000 in 1960. Unemployment runs at 18%, well above the national average of 11.8%. The spd blames ruthless capitalists; party chairman Franz Müntefering accused foreign investors of stripping assets and ignoring the human cost in jobs and livelihoods (see sidebar). North Rhine-Westphalia's spd governor Peer Steinbrück joined the chorus during a debate with his rival, cdu candidate Jürgen Rüttgers: "I expect companies that...
...Social Democratic Party ( spd) agreed to abandon its Marxist rhetoric and embrace market capitalism in 1959, but casual observers of the current political campaign in North Rhine?Westphalia could be forgiven for not knowing that. Party officials led by chairman Franz Müntefering have delivered a ferocious critique of private investors that has dominated the campaign. In his most cited remarks, Müntefering compared private equity groups and short-term investors like hedge funds to "swarms of locusts" that fall on companies, devour all they can, and then move on. "Some financial investors don't waste any thoughts...
...victory in 2002, he garnered desperately needed votes by opposing George W. Bush's plans to invade Iraq. Now, in the run-up to crucial elections in North Rhine-Westphalia later this month, his party has launched a new assault. This time the target is Anglo Saxon-style capitalism. Franz Müntefering, chairman of the Social Democrats (SPD), inveighed against "swarms of locusts that fall on companies, stripping them bare before moving on." The inspiration for this alarming imagery was identified last week when his headquarters leaked a "locust list" naming the alleged pests. These included U.S.-based investment...