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...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...

Author: /time Magazine | Title: Buyout Mania | 7/18/2005 | See Source »

...blames ruthless capitalists; party chairman Franz Müntefering accused foreign investors of stripping assets and ignoring the human cost in jobs and livelihoods (see sidebar). North Rhine-Westphalia's spd governor Peer Steinbrück joined the chorus during a debate with his rival, cdu candidate Jürgen Rüttgers: "I expect companies that are making record profits to create jobs." But locals blame the spd. When Müntefering addressed around 1,000 Duisburg workers on May Day, they pelted him with eggs as he stood behind a line of policemen protecting him with riot shields...

Author: /time Magazine | Title: Trouble In The Heartland | 5/15/2005 | See Source »

Proceeding from there to an even broader indictment, the crits have borrowed from philosophical realms outside legal thought, including structuralism, semiotics and the "Frankfurt school" of such neo-Marxist theorists as Jürgen Habermas and Theodor Adorno. They propose that law is no more than a means by which unjust power relations are dressed in the costume of eternal truths. Some of the C.L.S. adherents, like Kennedy, also flaunt a confrontational '60s style of incivility and antic provocation in relations with their colleagues. But at bottom, he is deadly serious. "The legalization of the rules," Kennedy inveighs, "the presentation...

Author: /time Magazine | Title: Law: Critical Legal Times at Harvard | 4/18/2005 | See Source »

...workers at Rover's Longbridge factory in Birmingham fear for their jobs, despite British Prime Minister Tony Blair and Chancellor of the Exchequer Gordon Brown racing to the plant, promising a massive aid package to mitigate the damage. Just two days before, DaimlerChrysler chief executive Jürgen Schrempp faced a Berlin conference hall teeming with disgruntled shareholders. They attacked him for the company's biggest ever recall, announced on March 31, which will pull 1.3 million Mercedes-Benz cars worldwide back into the garage because of problems with voltage regulators, faulty software and defective braking systems in some models...

Author: /time Magazine | Title: In Need Of Some Repairs | 4/10/2005 | See Source »

...Crucial elections take place on May 22 in North Rhine Westphalia, and recent polls show the SPD could lose that traditional stronghold to the CDU. Defeats in both states would give the CDU control of the upper house, the Bundesrat, putting a stranglehold on government legislation. Still, Jürgen Falter, a political scientist at the University of Mainz, thinks Schröder and his Green partners "have absolutely no alternative" to sticking together - and hoping the economy picks...

Author: /time Magazine | Title: Under Pressure | 3/27/2005 | See Source »

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