Word: marclies
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...Marc Rich, the fugitive U.S. tax cheater famously pardoned by President Clinton earlier this year, has been back in the news--staging a boardroom coup to seize control of one of Switzerland's biggest property-management companies. This corporate drama brought another wave of unwanted attention to Zug, the picturesque and very private town where Rich works. But Zug has a lot more to offer than a chance to spot the elusive financier. Otherwise, why would 19,456 companies and subsidiaries locate offices there...
...Pilatus mountains. Winding pedestrian streets beckon with restaurants and tea rooms, where the local specialty is Zuger Kirschtorte, a sponge cake soaked in cherry liqueur and sprinkled with powdered sugar. You can try it at the Confiserie Speck--which is also a place where you might just spot Marc Rich...
TIME.com ON AOL For more about Zug--and the latest on Marc Rich--see our website at time.com/global
...Vasella returned to Switzerland to head corporate marketing at Sandoz headquarters in Basel. The next year he briefly led the company's global drug-development programs, and he was its chief operating officer before becoming CEO of its drug business, reporting to the chairman of the conglomerate, Marc Moret--his wife's uncle. Vasella applied the lessons he had learned while managing Sandostatin to all the company's drug-development efforts. When Sandoz announced in 1996 that it would merge with its rival across the Rhine, Ciba-Geigy, Vasella was named CEO of the new company...
What followed was the epitome of small-town activism. First came the NOBODY OWNS KATONAH T shirts and the Marthometer, a parody newspaper handed out at the commuter-train station. By summer, a fund raiser to cover legal bills had been put together; local musician Marc Black sang about Chief Katonah, the town's Native American namesake, as members of the Ramapough Lenape Indian nation, who had been enlisted to share in the outrage, looked on. Two recent high school grads took to the Internet with another protest song ("You're a craftsman who can make a vase...