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...paying about $3 billion for Zomba Music. The label, which owns acts like Britney Spears, exercised a "put" option that forced Bertelsmann to buy. Jacking Up Fiat Signaling major restructuring ahead, Fiat CEO Paolo Cantarella resigned. He was replaced by Paolo Fresco, who learned his management style under Jack Welch at General Electric. No Trade Is An Island Instinet, a unit of British media group Reuters, will buy rival electronic-trading firm Island for $508 million in stock. The deal combines NASDAQ's two biggest rivals. French Attack Shares in MobilCom fell 46% to ?7.25 when France Telecom said...

Author: /time Magazine | Title: The Next New Thing? The Old Economy | 6/16/2002 | See Source »

Suzy Wetlaufer ’81 announces her resignation from the Harvard Business Review after two months of controversy surrounding her affair with former General Electric CEO Jack Welch. Wetlaufer was profiling Welch for an article in the Review...

Author: By Zachary Z Norman, CRIMSON STAFF WRITER | Title: Timeline 2001-2002 | 6/6/2002 | See Source »

When last we checked in with that crazy, love-struck couple JACK WELCH and SUZY WETLAUFER, she was taking a leave of absence from her job and he was confronting the leave of half his $900 million fortune in a divorce settlement with his second wife. The reason for both losses was the romantic relationship sparked when Wetlaufer, the editor of the Harvard Business Review, interviewed Welch, the retired head of GE, for a story in her publication. But the saga continues now that journalists have dug into her past. Wetlaufer was supposed to return to HBR as an editor...

Author: /time Magazine | Title: People: May 6, 2002 | 5/6/2002 | See Source »

Wetlaufer first came under fire earlier this year after conducting an interview with former General Electric CEO Jack Welch...

Author: By Ian P. Campbell, CRIMSON STAFF WRITER | Title: Beleaguered Business Review Editor Resigns | 4/25/2002 | See Source »

...interaction with Welch had developed into an affair, which she had concealed until she was confronted by Welch’s wife...

Author: By Ian P. Campbell, CRIMSON STAFF WRITER | Title: Beleaguered Business Review Editor Resigns | 4/25/2002 | See Source »

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