Tag: collapse

By on September 16, 2015

Harald Krueger, who just took the CEO reins at BMW, had a dizzy spell and collapsed to the floor Tuesday during the group’s press conference.

According to The Telegraph, it was Krueger’s first appearance as the group’s CEO.

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By on December 20, 2009

Rest In Peace. Picture courtesy peacetek.net

Sweden’s prime minister Fredrik Reinfeldt had his fill of failed negotiations. Returning home from round-the-clock talks at the Copenhagen climate conference, he said that he saw the Saab collapse coming. Sweden’s prime minister is “unsurprised” by the collapse of the sale, says Reuters.  Asked if he was surprised, Reinfeldt  said: “No, the process was built around a loss-making company and an American owner that owned Saab for 20 years and made a profit in one of the 20.  It’s clear that it was not successful enough.” Sweden’s head blames GM for the failure.
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