Switzerland Mourns Its Watch ��Messiah��
Switzerland has responded to the sudden death of Swatch Group Chairman Nicolas G. Hayek on June 28 with a rare outpouring of grief, praise, and appreciation. Hayek, 82, was born in Beirut, Lebanon, but grew up in Switzerland and spent his entire professional life there. Hayek has been a prominent public figure in the country for four decades and one of the country's most famous and, ultimately, beloved figures. He founded a consulting company, Hayek Engineering Inc., in Zurich in 1965 and quickly became Switzerland's most important consultant, the Mr. Fixit that both industry and the Swiss government called on to develop strategies to fix seemingly unfixable problems. Mr. Fixit became Mr. Swatch in the 1980s when the Swiss banks called on him to develop a plan to rescue the struggling Swiss watch industry.The watch industry was dominated in those days by two giant groups, ASUAG and SSIH, both of which were hemorrhaging red ink, surviving on bank bailouts. Hayek submitted a detailed reo

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