Word: nasser
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...distraction. This comes just as two articles, one in Vanity Fair and one in New York magazine, have turned up such tidbits as an affair (that she confirms) with a 24-year-old editorial assistant and a fling (that both parties deny) with former Ford ceo Jacques Nasser. Welch and Wetlaufer are still very much an item, and the next thing you read about them may be their wedding announcement...
...Says a senior White House aide: "We're in an atmosphere where everyone is waiting for someone else to go first." The first big breakthrough Powell needs is to convince Sharon and Arafat that they can wait no longer. --With reporting by Matt Rees and Aharon Klein/Jerusalem, Jamil Hamad/Bethlehem, Nasser Abu Bakr/Jenin, Scott MacLeod/Cairo and James Carney and John F. Dickerson/Washington
While the Israelis targeted Ramallah chiefly because of the presence of Arafat, they also suspect that the town is crawling with militants. Last week Israeli intelligence officials said forces were hunting two key leaders of al-Aqsa Martyrs Brigades. Nasser Awwas, a founder of the group, is thought to have gone underground in Ramallah, along with the Brigades' effective leader, Fatah West Bank chief Marwan Barghouti. Having judged Arafat unwilling to arrest his own people, the Israelis plan...
...remarkable that a company that just two years ago was being celebrated as a symbol of American competitiveness has sunk so low, so fast. Part of the blame lies with Ford's board of directors. It began to question Nasser's management style only in March. The following month, projected results for the year fell so sharply that Nasser was told privately to get his management house in order and reduce the number of top executives (21) who reported directly to him. By July, when he still had not made any substantial changes, some of the 14 directors wanted...
Then last month, during one of the Ford family's biannual meetings, Bill still found Nasser unwilling to acknowledge the depth of the company's problems. That's when he called Reichardt, who has an impeccable management record. Nasser was finished. (He has declined to comment to TIME...