Word: tanzi
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Dates: during 2000-2009
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From Milan boardrooms to Parma dairy farms, Calisto Tanzi was long viewed as a model Italian entrepreneur--modest, hardworking and, above all, generous. Over four decades, as he built Parmalat, the food company he founded in Parma in 1961, into a worldwide giant with annual sales of $9.6 billion, he showered the town with his philanthropy. A pious Catholic, Tanzi helped pay for a major restoration of Parma's 11th century basilica. He poured cash into the local pro-soccer team, restored the theater and financed programs for the poor, AIDS patients and drug addicts. "He has got that impulse...
...turns out that Tanzi might have had some far less noble impulses too. On Dec. 27, Tanzi was arrested, and he is confined in a Milan jail while Italian prosecutors, joined by the U.S. Securities and Exchange Commission, probe his role in an alleged $8.8 billion fraud that could implicate Parmalat in Europe's biggest corporate scandal ever, easily on a par with those of Enron and WorldCom in the U.S. Parmalat has filed for bankruptcy, and corporate-turnaround expert Enrico Bondi is trying to salvage what he can of the firm, which has 36,000 employees in 30 countries...
From Milan boardrooms to Parma dairy farms, Calisto Tanzi has long been viewed as the model Italian entrepreneur: hardworking, successful, modest, pious and, above all, generous. Over the past four decades, as he built dairy company Parmalat into a worldwide giant with annual sales of €7.6 billion, he showered his hometown of Parma with his philanthropy. Tanzi helped pay for a major restoration of Parma's theater and 11th century basilica. He poured cash into the local soccer team, making it one of Europe's best, and financed programs for the poor, aids patients and drug addicts. Last February...
...example, pointed out that they could lead to greater mutual understanding among peoples by illuminating how narrow our genetic differences really are. ?We could finally realize our ideal of the family of man,? she said. Similarly, with recent identification of more genes associated with Alzheimer?s, Harvard?s Rudolph Tanzi predicted substantial progress in the search for a treatment for this devastating disease. ?The news is good,? he said. ?We?re well on our way to new leads in the development of drugs for Alzheimer?s.? MIT?s Nancy Hopkins, for her part, saw in recent research on hormonal pathways...
...Nobel prizewinners for their work on DNA; Pulitzer prizewinning entomologist and sociobiologist E.O. Wilson; genome mappers Francis Collins and J. Craig Venter; John Gearhart, who isolated the fetal embryonic stem cell; Dean Hamer, the leading expert on behavior genes; plant geneticist Ingo Potrykus; neuroscientists Dr. Wise Young and Rudolph Tanzi; inventors Jaron Lanier and Raymond Kurzweil; software gurus Bill Joy and John Gage; environmentalists Thomas Lovejoy and Brian Halweil; ethicists Daniel Callahan of the Hastings Institute and Donald Bruce of the Church of Scotland; legal scholar Bartha Knoppers; brain scientist Baroness Susan Greenfield; Lieut. General Paul Van Riper, U.S.M.C...