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...whether the current uproar will permanently tarnish the citizens' image of their country or diminish the confidence in the banking sector remains to be seen. "Right now, everybody is upset because UBS messed up," says Georg Lutz, a political scientist at Lausanne's Foundation for Research in Social Sciences. But Lutz points out that the Swiss had rebounded from scandals and corporate downfalls before, such as the controversy in the 1990s surrounding the dormant Holocaust bank accounts, or the collapse, in 2001, of Switzerland's former national airline. "At that time we were upset too, but we got over...

Author: /time Magazine | Title: The Swiss Question Their Once Proud Banks | 3/5/2009 | See Source »

...supposedly used to manufacture upholstery and carpets. The factory's name was Teppichfabrik G. Schoeffler AG. "Our historians say Schoeffler is Schaeffler," the museum spokesman says, adding that the difference is due to a mere misspelling in the documentation. That, according to the museum, links Auschwitz to Wilhelm and Georg Schaeffler, the brothers who founded the company that is now the Schaeffler Group. (See Hitler's rise to power...

Author: /time Magazine | Title: German Company Seeking Bailout Is Tied to Auschwitz | 3/5/2009 | See Source »

...which had 800 workers, also employed forced laborers. Although he is uncertain how many slaves worked for Davistan, Schöllgen says he believes the number was small. In 1943, Davistan also began producing armaments for the Nazis such as antitank weapons and aerial bombs. Schaeffler and his younger brother Georg, who would marry Maria-Elisabeth in 1964, fled Kietrz in 1945 as the Red Army advanced. Wilhelm was arrested by U.S. forces and served more than four years in Polish prisons after the war. (Schöllgen points out that none of the current allegations were ever brought up in Wilhelm...

Author: /time Magazine | Title: German Company Seeking Bailout Is Tied to Auschwitz | 3/5/2009 | See Source »

...industry over the past few years. On a blustery Sunday afternoon in May, a circle of visitors in all-weather jackets waits in front of the Strokkur geyser, a popular tourist attraction in southwest Iceland. Among the crowd is a busload of Harvard M.B.A. students fresh from their exams. Georg Ludviksson, an Icelandic grad who helped organize the tour, said he wasn't sure what he was going to do with his new degree, but returning home to work in geothermal investment was a real possibility. "There could be a big opportunity there," he says. His country would be happy...

Author: /time Magazine | Title: Energy: Boiling Point | 12/4/2008 | See Source »

...YORK CITY Georg Jensen Peruse the Scandinavian company's new store on Madison Avenue when it opens this month displaying an array of ceramic and stainless-steel products...

Author: /time Magazine | Title: Calendar | 12/2/2008 | See Source »

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