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Monti told TIME that the key point was that GE could not restrict those who would buy the shares. But to some GE advisers, this could mean only one thing--Monti wanted GE to sell part of GECAS to a competitor. That was never going to fly. "It would have...

Author: /time Magazine | Title: How Jack Fell Down | 7/16/2001 | See Source »

Publicly, the big dogs of European integration dismissed the Irish upset as no big deal. The French assembly quickly backed the Nice Treaty last week 407-27, with 113 abstentions. At a summit in Freiberg, French President Jacques Chirac and German Chancellor Gerhard Schröder pledged to work for...

Author: /time Magazine | Title: What Ireland's 'No' means for the E.U. | 6/25/2001 | See Source »

To local winegrowers, the answer to that question is yes. "We urgently need to be accompanied by a group of Mondavi's caliber," says Jacques Bonnier, director of the growers' cooperative. The small producers who bring their grapes to the coop are still engaged in high-volume production, a sector...

Author: /time Magazine | Title: A Case of Sour Grapes | 6/18/2001 | See Source »

Jurgen Schrempp, the once swaggering chairman of DaimlerChrysler, is praying that the billions of dollars in losses at Chrysler and Mitsubishi (in which he bought a ruling share last year) don't sink the entire company. Ford CEO Jacques Nasser has a collection of premium brands in his stable: Aston...

Author: /time Magazine | Title: Global Strategy: Mercedes vs. BMW | 6/11/2001 | See Source »

This fine film from a first-timer was matched by two excellent works by grand old Frenchmen. Jacques Rivette's Va savoir! (Who Knows!) is a romantic rondelay inspired by the plays of Carlo Goldoni and Luigi Pirandello, as six characters in search of adventure entangle themselves in a buoyant...

Author: /time Magazine | Title: Canned Heat | 6/4/2001 | See Source »

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