Mr. Berggruen
Strategic Concepts & Mechanics
Primary Evidence
""I am following Mr. Berggruen's investment in Karstadt with great interest. It's a US blueprint. I also had to learn that the Americans always prefer to invest other people's money in ongoing businesses. Their own money is more likely to go into real estate and permanent valuables. Ongoing businesses always involve a great risk, as one can now clearly see with Karstadt. In such cases, the Americans avoid personally committing themselves."
"The next day, Peter Tuch adds on Zeit Online: "The nobleness of Mr. Berggruen is probably more an invention of the media. Berggruen himself has always said that he wants to make money with his companies and work profitably. That he has not contradicted the media's portrayal of him as noble cannot be held against him, and that he wanted to somehow use that impression for himself, neither.""