Word: suits
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...immediately. But Google's success is an exception: in the past month, Claria, PlanetOut and Nanosys, all based in Silicon Valley, have canceled or postponed their IPOs. Round Two Of The Blame Game First the banks, then the auditors. Enrico Bondi, Parmalat's bankruptcy commissioner, filed a $10 billion suit against Deloitte Touche Tohmatsu and Grant Thornton International, the firms that audited the books of the disgraced Italian food and dairy company. The suit follows others filed against Citigroup, UBS and Deutsche Bank (TIME, Aug. 23), as well as Credit Suisse First Boston. Bondi alleges the auditors ignored...
...always stuck around to schmooze (yes, Jeff is Jewish) with voters. And he believed, in a passionate way that bordered on fanaticism, that every vote counted. Gabe Kea, a young media consultant, still remembers meeting Jeff. Kea was stuck at a red light when a short guy in a suit ran up to his open window. As the light turned green, the crazy short man handed Gabe a brochure, shouted something about Congress and invited Gabe to call him if he had any questions. And Jeff’s effort often paid off. After reading the brochure, Gabe ran into...
...concerted media campaign highlighting Lee's human side. Themes have included his battle with cancer in the early '90s, his sense of loss after the death of his first wife in 1982, the challenges of raising an autistic son, and the fact that he occasionally eschews his habitual suit and tie for a polo shirt. The Straits Times even detailed his permissive parenting style under the headline, IT'S OKAY TO ARGUE WITH THIS...
...made an image in Spain of a band of children playing on a street, a heavyset man in a suit and fedora walking through their midst and, in the background, a constellation of windows scattered across the wall of a building. It wasn't a picture about anything. It was a moment most of us would never notice, but in his eyes it became an enigma, so full of suspense, you could almost hear the click of a detonator...
...banks' answer is, emphatically, no. They say the deals were proper, and that Parmalat's dire reality was hidden from them. But Enrico Bondi, the Italian turnaround expert who in December was appointed Parmalat's bankruptcy commissioner, alleges that the answer is yes - and this month he filed suit in Parma's court against the two banks, claiming that both transactions were illegal under Italian bankruptcy law and should be revoked. Last month he filed suit in New Jersey against Citigroup, alleging that the American bank helped Parmalat's founder, Calisto Tanzi, and other insiders loot about $8 billion from...