Word: swiss
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...between my blocker and my glove and she slashed,” said the Swiss goaltender. “I guess he blew the whistle before, because otherwise I would have been pretty mad if they would have given the goal, because it was definitely a hard slash...
...involvement with day-to-day operations. Karl and Theo Albrecht, the secretive German brothers who rank as the richest people in Europe, are withdrawing from the management of their firm, discount retailer Aldi. Sweden's Ingvar Kamprad, who created the IKEA furniture chain, has retired to a Swiss lakeside resort, leaving ownership of his empire to a foundation--and keeping everyone guessing whether any of his three sons will take over the business...
...controls or holds substantial influence over about 40% of the entire capitalization of the Swedish stock exchange. (Even the exchange is part of a company that the Wallenbergs control.) Investor AB, the family's industrial holding company, dates from 1916. It faced an unprecedented attack two years ago, when Swiss financier Martin Ebner built up a 10% stake and called for Investor to be broken up in the name of improving shareholder value. Ebner, overstretched financially, has since had to sell or reduce many of his holdings, including his stake in Investor. The episode was a harsh test...
...leading the growth of Lagardere's media division, with about $8 billion in annual sales. Last October Arnaud agreed to acquire the book-publishing arm of ailing Vivendi Universal for $1.25 billion--giving Lagardere an estimated 70% of the French book market. In a strange twist, a shadowy Swiss-based firm with links to Iraq and possibly Saddam Hussein owns about 2% of Lagardere's shares, but the holdings were frozen...
...couple of years ago, the descendants of banker Julius Baer--more than 100 of them--gathered at a Zurich restaurant for a reunion of a remarkable family. Not only does it own a controlling stake in the 112-year-old Swiss bank Julius Baer Group, which manages about $80 billion in assets, but its members still run it too. In May, Thomas Baer, a grandson of Julius', will retire as chairman and hand the post to his nephew Raymond Baer...