The Man Who Loves Disasters

Nomura's Guy Hands has become a top turnaround star

London's Millennium Dome, the enormous exhibition center near Greenwich, is a fiasco. Since it opened on New Year's Day, it has been plagued by management troubles and a disappointing turnout. Executives blew through $750 million in government-lottery money and had to go begging for more. The government reluctantly agreed to kick in $43 million, provided Dome chairman, former British Airways PLC chief Robert Ayling, was booted out.

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