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Siemens CEO Peter Loescher.
Siemens CEO Peter Loescher.
(TOBIAS SCHWARZ/REUTERS)

Financial Times

Siemens taking the flak on all sides

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Werner von Siemens, who founded the eponymous conglomerate two centuries ago, may not have had to worry about Murphy’s Law. Peter Loscher, current boss of the German behemoth, does. Siemens is large and complex, and makes products which are intricate. Sadly, it has become a safe bet something will go awry.