Word: muniched
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...Dieckmann, CEO of financial services giant Allianz AG. They were no doubt aware that a decision to go after previous execs Kleinfeld and particularly von Pierer - a former advisor to Chancellor Angela Merkel dubbed "Mr. Industry" by German media - would reverberate far beyond the walls of Siemens' headquarters in Munich...
...This is a paradigm shift in German corporate culture. The cozy times are over," says Manuel Theisen, a management professor at Munich's Ludwig Maximilian University and a leading expert on German supervisory boards...
...manager in Siemens' telecommunications business, the first conviction in connection with the bribery scandal, which became public in late 2006 and may reach back to 2000. Siekaczek admitted to overseeing a system in which he diverted company funds into secret bank accounts that were used to pay bribes. The Munich court fined Siekaczek $170,000 and issued a two-year suspended prison sentence. The Munich prosecutor said he hoped Siekaczek's lenient sentence, offered in exchange for a full confession, would encourage many of the 300 additional suspects under investigation in the case to come clean...
...trifle amateurish in style, Salute works as a fascinating dissection of a morally complex episode. Smith and Carlos acknowledge that while they had each other as a "shield," there was no one to protect Norman, who paid for his actions. Though a likely 200-m finalist at the Munich Games four years later, he wasn't sent. Nor was he invited to Sydney in 2000. While most Australians had forgotten him, black U.S. athletes hadn't. A group of them flew him to Sydney and treated him as a hero. Footage of his funeral shows Smith and Carlos carrying...
...tale of a penniless German Jew who lands in Japan during World War II, goes into business, builds a trading empire in Asia and becomes one of the world's richest men. In 1938, when Eisenberg was 17, his parents, two brothers and a sister left their home in Munich and fled to Shanghai, where a growing European Jewish community sought refuge from the Nazi regime. Eisenberg followed in 1940 but found no business opportunities in China that time around. So he sailed for Japan, thinking he might make it to the U.S. But in Japan he met a family...