Word: mühlemann
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...surprise coup as the Hershey Trust gave in to local opposition and stopped the sale of the confectioner, despite a bid by Wrigley of $12.5 billion. Discredited Swiss Switzerland's bank secrecy can't hide the problems at Credit Suisse. After shares fell 50% this year, CEO Lukas M?hlemann was forced out, to be succeeded by John Mack and Oswald Gr?bel. Lingering Illness Asbestos suits continue to hit Europe's insurers, as Germany's Allianz paid out $750 million to cover U.S. claims. INDICATORS Notes From The Euro Zone After years of hoarding foreign cash rather than trusting the native...
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