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To: energyplay who wrote (26741)1/2/2003 10:07:17 PM
From: elmatador  Respond to of 74559
 
Look carefully and you see the Swiss economy making water.

Just look here: swissair.com

Swissair stopped flying on March 31. Swissair and its employees thank you for your loyalty during the past 71 years. We wish you all the best.

The miles you have collected with Swissair remain valid (according to general terms and conditions). More information at www.qualiflyer.com.

Swiss propel the legal wheel of change
By Elisabeth Salina Amorini
Financial Times; Dec 28, 2002


From Ms Elisabeth Salina Amorini.

Sir, Your article "Discredited Swiss still have mountain to climb" (December 24) correctly states that corporate Switzerland is starting to change.

Things are also moving on the Swiss legal front "to restore the country's badly tarnished image" (sic). Last November shareholders of SGS Société Générale de Surveillance Holding SA won a significant court case.

In May 1999, the board of directors of SGS decided to disenfranchise 40 per cent of the shares represented at the annual general meeting to vote on the discharge of the members of the board, thus choosing the votes in the ballot box to ensure that the result of the vote would suit their purpose.

As a result of a shareholders' action, the Geneva court ruled that the decision of the AGM on the discharge was illegal and had to be annulled.

The wheel is starting to turn in Switzerland, slowly but surely.

Elisabeth Salina Amorini, 1253 Vandoeuvres, Geneva, Switzerland



To: energyplay who wrote (26741)1/2/2003 10:36:19 PM
From: elmatador  Respond to of 74559
 
September 02: Switzerland Joins United Nations. After nearly two centuries of neutrality, Switzerland became the 190th member of the United Nations on Tuesday with the unanimous support of the General Assembly.

...

In a Swiss referendum in March, 55 percent voted in favor of U.N. membership, heeding a government campaign that said rejection would be disastrous for the country's international standing and that neutrality had lost much of its meaning.

COMMENTS: The Swiss decided to join one day before the anniversary of 911 most probably because they were afraid of the terrorist money chase.

Well, I guess it will take a while for them to join the EU. <VBG>