Word: holzmann
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...that round as well. And if he can truly govern as a reasonable instead of rabid conservative, it could do a lot to relieve the polarization and distrust that linger 20 years after Pinochet. "Pinochet is dead and fortunately not really an issue in this election," says Holzmann. "But if Piñera becomes the President most Chileans hope he'll be, it will amplify that gray area between liberal and conservative that countries like ours need more...
...that the right, after almost 20 uninterrupted years of center-left rule, gets a new chance to govern South America's most developed country. It can prove once and for all that it has purged the ghosts of Pinochet, who died in 2006. "This election," says political analyst Guillermo Holzmann, "is an opportunity to see that a center right exists in Chile." (See a story about the death of dictator Augusto Pinochet...
Ivanovic caught a crucial break when a Serbian tennis instructor touted her to one of his clients, a Swiss businessman named Dan Holzmann. Intrigued, Holzmann invited Ivanovic and her mother to his home in Basel, the Swiss city that produced Roger Federer. "We all fell in love with each other," Holzmann says. He made a bet: he would cover Ivanovic's expenses, praying that she could repay him down the line. He hired a coach and paid for Ivanovic's training in Switzerland. Holzmann's bill: $500,000. As soon as Ivanovic signed a four-year, multimillion-dollar deal with...
...notorious monetary black holes, and analysts quickly noted that MobilCom would soon need another infusion without big changes. But for two reasons, this rescue may be different. First, commercial banks are no longer playing along, as they did in 1999 when pressured to save doomed construction firm Philipp Holzmann. Facing troubles of their own, Germany's private-sector banks are now defiant about preserving dying companies in amber. Only state-controlled banks ponied up this time. The second thing that may make this rescue different is that MobilCom CEO Thorsten Grenz outlined a restructuring that could make it work, including...
...Kirch bankruptcy is the latest in a string of high-profile failures of German companies this year. They include the construction firm Philipp Holzmann, aircraft producer Fairchild Dornier and office supply firm Herlitz. The bankruptcies reflect not only a stagnating economy, but also the reluctance of German banks - facing international pressure to make money for shareholders - to prop up failing enterprises. The government's inability to save the companies is also...