Word: chairman
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Dates: during 2000-2000
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More blew apart than the 22 lbs. of explosives in the car on Shomron Street. Yasser Arafat's shaky entente with Palestinian Islamic extremists also perished in the blast. Throughout the bloody weeks of the Aqsa intifadeh--named for the holy site that inspired the latest clashes--the Chairman had taken a line with the Israelis so hard that Hamas and Islamic Jihad were prepared to take a back seat, for the most part. But all along they watched him warily, worried that he would abandon their hard-line tactics in favor of diplomatic dealmaking. When he did, by striking...
...excuse to revive it were needed, it came last week. After a 20-week courtroom conflict described by Justice Peter Cresswell as "the largest and most complex piece of civil litigation this jurisdiction has ever seen," Lloyd's was found not guilty of defrauding investors. A jubilant Lloyd's chairman Max Taylor refrained from giving the Lutine a double ring, but he was doubly delighted with the result. Not only did the decision close a "distant and troubled chapter in Lloyd's history," he said, but it would allow Lloyd's to "get on with the business of running...
Thomas Middelhoff liked the Post House because the clubby Manhattan restaurant seemed just the place in which to persuade Shawn Fanning that the two men had a lot more in common than a lawsuit. It was early September. Middelhoff, 47, chairman of Bertelsmann, the world's third largest media conglomerate, had never met Fanning, 20, whose ingenious file-sharing program, Napster, had created the world's biggest online free-music community--one that was costing Middelhoff and the rest of the music industry many millions of dollars in lost sales. But by the time they tucked into their steaks...
Among Middelhoff's new acquaintances was Samuel ("Si") Newhouse, chairman of Advance Publications, which publishes, among other magazines, Vanity Fair and the New Yorker. A week after attending Si's birthday party, Middelhoff bought Advance's Random House book business for $1.4 billion...
...late August, Middelhoff decided to go after Napster himself. Ironically, he came to that conclusion after a meeting with Seagram chairman Edgar Bronfman Jr., a staunch Napster foe, in which they discussed ways to resolve the Napster question. "We walked out of Edgar's office, and Thomas and I looked at each other, and it just clicked," says Andreas Schmidt, president of the Bertelsmann E Commerce Group, who orchestrated the partnership. That day Schmidt got on the phone to Napster CEO Hank Barry and began eight weeks of intense transcontinental negotiations, from San Francisco to Miami, New York City...