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In an unprecedented move, the supervisory board of German engineering giant Siemens AG on Tuesday launched plans to sue 11 former management board executives, including former CEOs Heinrich von Pierer and Klaus Kleinfeld, over alleged supervisory failings linked to a $2 billion bribes-for-business scandal.

Author: /time Magazine | Title: Siemens Sues Its Own Managers | 7/30/2008 | See Source »

The Telekom affair is reminiscent of the pretexting scandal that engulfed U.S. technology firm Hewlett Packard in 2006, costing chairwoman Patricia Dunn her job. It also is the latest in a remarkable series of disclosures about German companies spying on their employees and on journalists. Earlier this year, it emerged...

Author: /time Magazine | Title: Germany's Corporate Spying Scandal | 5/27/2008 | See Source »

Companies in Europe, in Asia and elsewhere face no such restrictions. Many, like France's energy behemoth Total or Russia's Lukoil, are only too happy to sidestep American competitors as they pursue business in nations like Iran, which badly needs outside help for its oil industry. If the terror...

Author: /time Magazine | Title: Rules of Disengagement | 5/1/2008 | See Source »

Diversity. As a global company, we have to represent the diversity of our customer base. You know, we should have the best Chinese leader leading [Siemens] China with the best Chinese team. We should have the best Indian leader running [Siemens] India with the best Indian team. We are very...

Author: /time Magazine | Title: New Broom at Siemens | 4/3/2008 | See Source »

You've put your money where your mouth is and bought stock in Siemens.

Author: /time Magazine | Title: New Broom at Siemens | 4/3/2008 | See Source »

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