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...Goldman haven't disclosed details, but people familiar with the finances say the investors at least tripled their initial investment. Over the five years of ownership, the firm has expanded in Asia and Europe, strengthened its U.S. business via a joint venture with IBM and doubled its operating profits. Karl-Heinz Stiller, Wincor Nixdorf's CEO, points out that the firm created 3,200 jobs, including more than 1,000 in Germany. "I would go the same way again anytime because I was and still am convinced about our business model," he says...

Author: /time Magazine | Title: Buyout Mania | 7/18/2005 | See Source »

...long and lively mythology of Karl Rove, whom Republicans see as a fearless gladiator and Democrats view as the kind of operative who would put a tarantula under an opponent's pillow, it is entirely plausible that he would try to discredit an adversary by any means necessary. But outing a spy? Compromising national security in wartime? It was the first President Bush who once described anyone who exposed intelligence assets as "the most insidious of traitors." Rove had long insisted that he didn't know Valerie Plame's name or leak it and was cooperating fully with the probe...

Author: /time Magazine | Title: The Rove Problem | 7/17/2005 | See Source »

...speculation about Rove's fate and despite a failed attempt by Senate Democrats to have Rove's security clearance revoked, within the White House there was little sign of panic. "They think Karl is bulletproof," says a former Administration official who is familiar with the issue and the players. "They think, 'We won a second term. We control Congress.' They don't think Karl is in any real jeopardy...

Author: /time Magazine | Title: The Rove Problem | 7/17/2005 | See Source »

...KARL ROVE SAYS HE ONCE ASKED YOU ON A DATE AND YOU TURNED HIM DOWN. ANY REGRETS ABOUT THAT? No comment ... [Later, after talking about other subjects] On Karl, I'm crazy about him; he's a good friend. In fact, he introduced me to Texas Rangers owner George Bush many years ago. So I was being flip in my answer...

Author: /time Magazine | Title: 10 Questions for Margaret Spellings | 7/17/2005 | See Source »

...July 8: Karl Rove discusses Wilson's trip and the role that Wilson's wife may or may not have played in initiating that trip with journalist Robert Novak. The telephone call, according to a New York Times story published last week, had been initiated by Novak, who in the course of his conversation with Rove identified Wilson's wife by her maiden name...

Author: /time Magazine | Title: How The Tale Unfolds | 7/17/2005 | See Source »

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