Word: heinz
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...collect $65 or $70 million against its claims of $145 million. In addition, W.R. Grace & Co. is expected to get $35 million of the $65 million that it says its soon-to-be-nationalized paper and chemical plants are worth. Six companies that own fish-meal plants, among them Heinz and General Mills, are likely to divide a $24 million settlement on their total claim of $35 to $40 million. In all, Peru reportedly will pay U.S. companies some $130 million on claims of twice that amount, which amounts to a fat settlement by the usual standards of nationalization...
...kept the German economic boom remarkably free of strikes. The ten labor directors of steelmaking August Thyssen-Hütte approved a takeover of troubled competitor Rheinstahl, which is still awaiting Common Market clearance, knowing that it would mean the elimination of some duplicate jobs. Says Thyssen Director Karl-Heinz Weihs, who worked as a roll-turner for eleven years: "If we hurt the profitability of the company, we are also jeopardizing the security of our workers. The company's interests are really the interests of the workers...
...justice than to pressure the Bonn government into cracking down on the flourishing business of helping East Germans, principally highly trained professionals like doctors and engineers, to escape to the West. Stiff jail sentences were part of the message. One of the accused, a West Berlin seaman named Karl-Heinz Hetzschold, 30, got 11½ years for damaging East German interests and illegal profiteering. The lightest sentence was seven years for long-haired Hans-Dieter Voss...
Born into a middle-class Jewish family in the German town of Fürth, Kissinger grew up as the Nazis were coming to power, and so found himself an outcast. Heinz, as he was then called, was denied admission to high school, forced to attend an all-Jewish school, and often beaten up by gangs of pro-Nazi toughs...
...women are opening up. Among the latest to admit females: pimping. Hamburg, Germany, scene of this latest "advance," now has 300 to 400 female pimps, each bound to one prostitute in a lesbian relationship. "With the emancipation of women and the increasing tolerance of homosexuality," Police Official Karl Heinz Westphal explained last week, "more and more prostitutes refuse to be exploited by a male pimp and turn to women as surrogate...