Cousins UK have posted an treatise published by two University of Zurich academics that turns the Hayek family story about who actually saved the Swiss industry on its head. You can download the eBook here Chapters 5, 6, and 7 make very interesting reading. I knew Ernst Thomke was behind the success of the Swatch, irrespective of Nicholas Hayek's claims, but the actions of a Swiss banker who had a vested interest in merging the two giants of the time and his favouritism towards Hayek would, today, have them both in court, and probably in chains. Their stock manipulation and watering down of share value, the lack of in-house innovation (the co-axial doesn't count because that was never an Omega invention) and a couple of other revelations should maintain your interest too. Be interested to hear your views. Cheers Desmond
Thanks for something to read on a horrible gale ridden Melbourne evening Desmond. I've copied it to two secure USB sticks and locked one in the safe and the other in a place that the "Omega Agents" will never find.
I just looked up their web location for the book as listed on the copyright page. It is in the public domain. Sorry I work in an industry highly affected by casual pirating, I'm a little sensitive.
Thanks Desmond for the interesting read ! I already have doubts in the "lack of in-house innovation" when you think what ETA, Comadur, Asulab, Nivarox, Renata, etc. have done in the recent years....
No probs. If anybody is more aware of, and probably suffers from others "borrowing" his work, it's Desmond.
An interesting read... and clearly lots of impassioned opinion as well as facts. I shall await with interest the libel suits from those who's names are mentioned - and suspect this action from cousins will ultimately lead to their bankruptcy rather than anything changing in Switzerland.
Well, Swatch Group just lost against Cousins in the Bernese Court of Commerce in the case of Swatch Group refusing to supply them with spare parts (link for those who understand German http://www.handelszeitung.ch/unternehmen/swatch-unterliegt-vor-dem-berner-handelsgericht-1446607 ) Even if Swatch Group will take the case to the Swiss supreme court this judgement looks like a step in the right direction. And things do change in Switzerland, but it always takes time.
[QUOTE="momosono, post: 766013, member: 22332" And things do change in Switzerland, but it always takes time. [/QUOTE] And time is measured with the beautiful Swiss timepieces.