Word: weinig
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...things are very different for manufacturers based in some of the same countries where Baldor is doing so well. Weinig Gruppe, a midsize machinery maker near the city of Würzburg, Germany, has resorted to discounts to protect its global market share. Sales growth is stalling; profit margins are shriveling. Even with incentives, says CEO Rainer Hundsdorfer, "we've seen a slight decrease in business. Prices have to give...
...Attorney Mary Jo White is furious at Clinton for several New York cases. In 1993 and '94, Harvey Weinig, 53, helped launder at least $19 million for the Cali drug cartel. Justice strongly opposed his petition, but Clinton commuted Weinig's 11-year sentence--cutting it in half--and now he is scheduled to be set free. Last week White released documents showing Weinig was also involved in a kidnapping plot. Former White House aide David Dreyer, a relative of Weinig's, told TIME he asked Clinton chief of staff John Podesta and former White House counsel Beth Nolan...
...Last week, White, reportedly fuming, released transcripts of secret government tapes that recorded Weinig's scheme to embezzle $2.4 million from the Cali drug lords. They appear damning, and evidence of, if not uncommon stupidity, at least an uncommon lack of regard for the vengeance of drug kingpins...
...dealing with people who are total assholes who are out of control, who are scumbag, lying cheats," Weinig told his skittish partner. "F___ 'em.! F___ 'em! I'm taking a million dollars and let's see [them] get it from...
...Weinig will be going home in April - just in time, perhaps, to face a fresh set of investigators...