Word: rgen
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Dates: during 2000-2009
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...their investigation will steam ahead. Not all were cheering. Several of the Austrians searched, including two cross-country skiers who had the 4 ? 10-km relay the next day at 10 a.m. (they finished last), were outraged. "We were surprised in our room," said cross-country skier Jürgen Pinter. "Suddenly the police came in and didn't let us leave on the night before the competition. This happened without any positive results from doping control. It's crazy." Agovino defends his actions. "Athletes are obliged to respect the law like everyone else," he says. Mayer, meanwhile, fled...
DaimlerChrysler has also paid the price for its mismanaged global ambition. Two successive chief executives, Edzard Reuter in the 1980s and Jürgen Schrempp in the '90s, aggressively pursued visions of international growth and diversification and financed them by tapping into the cash hoard Mercedes had built up over decades. In the process, the company, which once prided itself on its provincial roots in Baden-Württemberg, acquired a worldwide scale and presence in both cars and trucks--and bought some absolute dogs. That included a near bankrupt household appliance company (AEG), a teetering airplanemaker (Fokker) and a 37% stake...
...unlikely that, if elected, Merkel will be able to form a coalition with the pro-business Free Democrats (fdp). Instead, they might be forced to form a coalition with the spd, which many analysts fear could stall economic reforms. "Her campaign now has serious problems," says Jürgen Falter, political scientist at the University of Mainz. Merkel has tripped several times out of the starting gate. She floated the idea of raising the country's 16% value-added tax to help pay for social security benefits; voters hate the idea of paying higher taxes. An attempt to smarten...
...ailing economy a whopping 3350 billion a year, the government - no matter who's running it after the election in September - had better keep this development going. - By Ursula Sautter Next Year's Model The average working life of a car, statistics say, is 16 years. Jürgen Schrempp, head of DaimlerChrysler since 1995, didn't last quite that long. Schrempp is the architect of the controversial 1998 tie-up of Daimler-Benz and Chrysler, the biggest between two firms in industrial history. The merger, he expected, would combine the strengths of the powerful, complementary automotive firms and create...
...American moneymen continue their advance through Europe, the grumbling seems sure to continue. Jürgen Peters, head of Germany's metalworkers' union, for one, says his union, with its criticism of the big U.S. groups, simply "brought to light what others obviously wanted to leave in the dark"--and has every intention of shining more lights on the phenomenon. It's not just labor that is complaining. Blackstone made such a big return--more than $3 billion--from its investment in German chemical fiber company Celanese, which it acquired and quickly took public again in the U.S., that...