Word: schneider
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...addition, negligence lawsuits filed in the U.S. could end up costing as much as $5 billion, Bayer says, and some analysts put the figure even higher. "We have been surprised by the reaction of the financial markets regarding the possible consequences of claims for damages," said Manfred Schneider, Bayer?s chief executive, "since we believe the chances for the success of such litigation are overrated." As for other drugs, Bayer has a new impotency pill and an antibiotic in the pipeline, but they will not start producing revenue until late next year...
...that meeting, the board also named the company?s chief financial officer, Werner Wenning, 55, to take over next April from Schneider, 62, who has been chairman since 1992. Analysts say Wenning might be more open to sales of assets - like the drug business - than Schneider. Though Cipro is a wonder drug, it clearly won?t solve all Bayer?s ills...
...story in the first issue following the attacks was titled “Not Knowing What Else to do, Woman Bakes American-Flag Cake.” Schneider explains that she and Onion colleagues attended a party soon after September 11 where a friend apologetically served a cake with red-white-and-blue frosting...
...embarrassed, but there was this idea that no words can encompass [feelings after the attack.] It seemed to epitomize the feeling,” Schneider says...
...Although Schneider worries a little that she and her colleagues will start taking themselves too seriously if they let the critical acclaim get to their collective head, she is happy that the fans are happy. Fellow humor writer and commentator Borowitz also appreciates the response...