Word: germanics
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...Three later films - The Marriage of Maria Braun, Veronika Voss and Lola - by the dissolute genius of German cinema, who died in 1982 at age 37. The films make an indispensable trilogy that charts the history of postwar Germany in terms set by the vivid melodramas that Fassbinder adored. (BRD stands for Bundesrepublik Deutschland - German for West Germany.) Among the more than three hours of documentaries and specially produced features on disc four are exceptionally lucid interviews with Fassbinder's three stars, Hanna Schygulla, Rosel Zech and Barbara Sukowa. The audio commentary on Maria Braun is by director Wim Wenders...
...company's domestic business is continuing unabated, investors became convinced that the only recourse is to change faces at the top as soon as possible. According to people familiar with the situation, the supervisory board could now meet as early as next Sunday. Telekom's largest investors, the German government with 33% and Blackstone Group, which holds 4.5%, both sit on the supervisory board and will push to remove Ricke and Raizner. The supervisory board contains an equal number of representatives from investors and labor. "The major investors and labor representatives have lost confidence in current management's ability...
...Ricke, the embattled CEO of German telecommunications giant Deutsche Telekom AG, efforts to revive the company's sagging domestic business and boost the share price were just too little too late. Shareholders of Europe's biggest telecommunications company, which also owns the successful American wireless company T-Mobile, have lost confidence in management's ability to stop the dramatic decline in its domestic business, according to people familiar with the situation. One of those big shareholders is the U.S. private equity firm Blackstone Group, which has been exerting American-style, do-it-now pressure on one of Germany's iconic...
...leading candidate to replace Ricke is Rene Obermann, the boyish CEO of T-Mobile, Telekom's fast-growing international mobile phone unit and the fourth-largest wireless carrier in the U.S. Obermann is the candidate preferred by the German government and labor representatives on the supervisory board. But there is some opposition to Obermann's appointment by investors and supervisory board members, who would rather see an outside executive with international experience...
...Speaking to reporters on Thursday, Ricke noted that the company's shares gained some 25% in value since he announced his cost-cutting measures. But analysts and traders credit that rise to continued speculation of a management shake-up and potential takeover of the German phone giant. Lacking any good news on the company's business outlook after an analyst meeting on Thursday, Telekom's shares tumbled 2.45% on Friday after some analysts downgraded the stock...