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...evicted CEO, Richard Shirrefs, in February. Attacking the debt is the main priority of new chairman, Jacques Maillot, the founder and former chairman (having stepped down under pressure) of travel group Nouvelles Frontières. Maillot was appointed after he joined forces with stock tip-sheet publisher Nicolas Miguet to rally discontented shareholders and replace Shirrefs and his board. Miguet, who has had several run-ins with the law (including a 1999 conviction for fraud and forgery after he advised clients to invest in a firm heading into bankruptcy) was the principal organizer of the overthrow. He owns 7 million...

Author: /time Magazine | Title: A New Tunnel Vision | 4/11/2004 | See Source »

Jammed aboard the U. S. liner President Harding when she cleared from Le Verdon, near Bordeaux, France on Oct.11 were 597 passengers (157 more than her capacity), 330 of them U. S. citizens. West of Ireland, Captain James E. Roberts turned to rescue the French tanker W. Emile Miguet, which radioed that it had been attacked by a submarine. On his way to her rescue he picked up 36 members of the crew of the British freighter Heronspool, which had also been torpedoed. He finally found the Miguet in flames, could see no sign of the crew, and resumed...

Author: /time Magazine | Title: SHIPPING: The Tempest | 10/30/1939 | See Source »

...boats sank the 14,115-ton French oil tanker Emile Miguet, their biggest merchant victim to date, and the 5,202-ton British freighter Heronspool. Few days later U-boats destroyed by raking, ruthless shellfire two more French and one British merchantman totaling 26,216 tons. Eight were killed and among the survivors brought ashore by rescue ships 30 wounded victims were on stretchers...

Author: /time Magazine | Title: AT SEA: How Did It Happen? | 10/23/1939 | See Source »

...disclosures, along with the Admiralty announcement of the torpedoing of the 5,202-ton British steamer Hronspool and a report in New York that a French tanker, believed the 15,436-ton Emile Miguet, had been found burning at sea, apparently signalized a renewal of the marine phase of the war. Casualties had been negligible during Nazi peace overtures...

Author: By The ASSOCIATED Press, | Title: Over the Wire | 10/14/1939 | See Source »

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