Word: sprees
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...experience may be extreme, but it's emblematic of the baptism by fire that new European CEOs often face these days. Fourtou is practically the anti-Messier. A sturdily built rugby fan from southwestern France, he is as low-key as Messier was flashy. Unlike Messier, whose acquisition spree was propelled by a subsequently discredited vision of the future, Fourtou has taken an approach to Vivendi that is basic. Rather than embracing a grandiose strategy, he started by selling what was easiest to sell while asking shareholders to be patient. After some strategic twisting and turning, he decided to spin...
...certain crowd here—and by “certain crowd” I mean “just about everyone” (oops, there I go). Signs to look for include: bags under eyes as big as those Paris Hilton would amass after a particuarly extravagant shopping spree, nails bitten down to ragged stumps and a creative use of the same pair of jeans to create an infinite number of various suspiciously similar looks over a 3-week period—after all, laundry is not immune from being pushed aside and ignored until the very last possible...
...getting bigger himself would make things better. Before Wal-Mart, he says, "we tried to limit our distance from our warehouses to 300 miles. Now we're going 500 miles" to reach stores as far as the Gulf Coast. Kroger, Albertson's and Safeway each went on an acquisition spree a few years ago, but whatever savings that resulted from centralizing operations have been offset by the obliteration of local ties and customer service. And Albertson's isn't finished. The company (2003 sales: $35.4 billion) just bought New England's Shaw's from old England's J Sainsbury...
...Germany for some time, were brewing up before Sept. 11," Interior Minister Otto Schily told TIME. From his window-lined 12th-floor office on the banks of the River Spree, Schily has a commanding view of the German capital. But as chief of Germany's war on terrorism, his sights are often clouded by the country's overly complex network of independent state-run police and intelligence services. Take the morning of March 11, when European governments were scrambling their antiterror forces in the wake of the Madrid train bombings. Ideally, Schily would have liked to call a crisis meeting...
SENTENCED. JOHN ALLEN MUHAMMAD, 43, to death; for terrorizing the D.C. area with a three-week sniper spree in October 2002 that left 10 people dead; in Manassas, Va. His accomplice, LEE BOYD MALVO, 19, was sentenced to life in prison without parole...