Alexander Dibelius

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Alexander C. Dibelius (born October 23, 1959 in Munich ) is a German finance manager.

He is a former assistant doctor for surgery. From December 2004 to 2015 he was the sole managing director of the US investment bank Goldman Sachs for Germany, Austria, Russia and Central and Eastern Europe. By organizing difficult and spectacular company mergers and takeovers (especially Daimler / Chrysler , Vodafone / Mannesmann ) as well as investments (including Linde AG , KarstadtQuelle / Whitehall), he earned a fortune and a reputation as one of the most sophisticated bankers in Germany. Dibelius has been Germany's head of private equity firm CVC Capital Partners since 2015 .

In recent years, his business practices have met with increasing criticism: Among other things, because at the beginning of 2010 he denied the public welfare responsibility of banks.

Dibelius is an advisor to Chancellor Angela Merkel and, together with other confidants of Goldman Sachs, u. a. Phil Murphy (US Ambassador to Berlin until 2013), member of the German-American elite network Atlantik-Brücke .

Life

Alexander Dibelius is the eldest son alongside two younger sisters of the musicologist and critic Ulrich Dibelius . In the Dibelius family , the profession of Protestant theologian has been chosen for many generations. His great uncle was Otto Dibelius , Bishop of the Evangelical Church Berlin-Brandenburg and Chairman of the Council of the Evangelical Church in Germany from 1949 to 1961.

After graduating from high school, Alexander Dibelius began studying human medicine at the Otto-von-Taube-Gymnasium in Gauting (average grade of 1.0). Despite the excellent high school graduation, his application for a scholarship from the Maximilianeum Foundation in Munich was rejected because of "character and moral" deficiencies. He completed his studies in Munich and Freiburg in 1984 with his license to practice medicine . After five months he was called up for military service, which he finished as an officer and medical officer at the Medical Academy. Until 1987 he worked as an assistant doctor for cardiac surgery at the University Medical Center Freiburg and the Baragwanath Hospital in Johannesburg as well as at the Groote Schuur Hospital in Cape Town , South Africa. During his training as a specialist, he worked for a few weeks at the management consultancy McKinsey & Company . According to his information, a cover picture of manager magazin about McKinsey ( Die ice-cold elite . In: manager magazin , 1984, No. 11) encouraged him to do so , while the repetitive routine activities increasingly bored him and the professional hierarchy increasingly frustrated him. In 1987 he broke off his training as a specialist and joined McKinsey as a consultant . There he was promoted by the then Germany boss Herbert Henzler , who also became his mentor , and after four and a half years rose to become a “partner” ( shareholder ). After six years, Dibelius moved to the investment bank Goldman Sachs , which has been based in Germany with its headquarters in the Frankfurt Messeturm since 1990 .

In 1998 Dibelius was promoted to head of department for the Mergers & Acquisitions (M&A) division. When he succeeded in 1998 in winning the bid for the merger of Daimler-Benz with Chrysler and was able to carry it out, he was appointed "partner" ( shareholder ) in the same year . In 2005, 320 "partners" shared 61 percent of Goldman Sachs' share capital equally. Goldman Sachs “partners” also receive special bonuses: a base salary of $ 600,000 per year (EUR 400,000 in Europe). In addition, there is an annual bonus made up of shares and cash, which is based on personal performance, the results of the division and the entire bank, which enables a seven-figure annual income.

After the departure of Paul Achleitner to the alliance was promoted in December 2002 together with the US colleagues Wayne Moore to total Managing Director in Germany; two years later he became the sole managing director for the German-speaking area. Five department heads to work him, including by 2013 Dorothee Blessing (Investment Banking), the wife of former Commerzbank Board Martin Blessing , the 1999 IPO of Infineon conducted, and Philip Holzer (equities and derivatives ) since July 2009, deputy Dibelius. The business with mergers and acquisitions ( M&A ) decreased at Goldman Sachs to a share of 15% in total sales (as of 2006). Nevertheless, the M&A business remained the most important door opener for Dibelius: "It helps us to build up a relationship with clients and follow-up deals often result." However, most of the work of investment bankers fails, four out of five projects are not carried out due to unforeseen obstacles: “In 80 percent of the cases, there is no transaction. We invest in relationships, ”says Dibelius.

Dibelius is considered to be very well “networked” with the executive boards of German industrial groups and finance companies as well as with leading politicians. He is also valued by them because of his “open and hands-on manner”; he knows how to deal with people. Several times a year he gives interviews about specific legislative projects or requirements, general comments on the economic situation and development, but he never speaks about his specific work. For this secrecy he invokes his loyalty to the client; in this respect it corresponds to the company's own traditional distance to the media. Sometimes he has made his position clear in his own newspaper articles. He frequently appears as a guest speaker at conferences and in front of students. Dibelius works with an extreme intensity and self-discipline, even for investment bankers. So he flew z. B. in 2005 every Friday evening for talks with clients in the Persian Gulf , since work there is on Sundays. Among managers, he is (as of 2008) a prototype for “pronounced ambition, competitive thinking and instinct for power”. In business and negotiation matters, Dibelius is known for "having strong nerves and extremely skillful tactics."

shops

Together with the then Daimler-Benz Strategic Board member Eckhard Cordes , he had played a key role in the takeover of Chrysler by Daimler-Benz, despite internal objections. Cordes got to know and appreciate Dibelius in 1994 when Dibelius advised the bus manufacturer Kässbohrer on the sale to Daimler-Benz . The merger with Chrysler was initially prepared in the smallest of circles, which later became known as "Schrempps Küchenkabinett " ("kitchen cabinet"), named after the Daimler-Benz board member Jürgen Schrempp . Those in the know included Schrempp's office manager and today's wife Lydia Deininger, the then head of communications Hartmut Schick, the then strategic director Rüdiger Grube , the former Metro boss Eckhard Cordes and Alexander Dibelius. In order to remain inconspicuous, after the merger planning was expanded to around a hundred employees per negotiating side, the meetings were held on the sidelines of larger gatherings such as the Geneva Motor Show . According to a previous employee, Dibelius also saw the ambitious project as an opportunity to finally be appointed as a “partner”. In 2000 Dibelius and Cordes prepared the takeover of 34 percent of Mitsubishi Motors Corporation (MMC) by DaimlerChrysler. In April 2004 the shares were sold again, the stake had proven to be a bad investment. Despite the high losses from the merger and despite an order freeze for Goldman Sachs , he was hired again in 2007 to advise Chrysler buyer Cerberus on the separation of Chrysler and Daimler AG .

He was also significantly involved in the hostile takeover of Mannesmann by Vodafone , which made Vodafone the largest telecommunications group in the world. In 2003 Dibelius was summoned as a witness in the Mannesmann trial against Deutsche Bank, among others . There Dibelius decisively exonerated Josef Ackermann , the board member of Deutsche Bank. "Bonuses played no role in the Mannesmann takeover," said Dibelius, which contributed to the termination of the proceedings in November 2006.

In 2006 he was able to convince the then KarstadtQuelle CEO Thomas Middelhoff to renovate KarstadtQuelle AG with the sale of its department store properties and to give Goldman Sachs the purchase. Dibelius then founded the property consortium Highstreet through the Goldman Sachs property subsidiary Whitehall , in which Whitehall holds a 51% stake. Initially, he also had 51% of Karstadt properties bought up, followed by a second transfer in 2008, and leased his 86 branches back to KarstadtQuelle . The purchase price of 3.7 billion euros (officially: 4.5 billion euros) was seen as cheap during the real estate boom at the time. At the beginning of July 2010 it became known that Goldman Sachs and Whitehall had borrowed part of the purchase price (EUR 850 million) from Karstadt Hypothekenbank AG (today: Valovis Bank ). Since Karstadt Hypothekenbank AG also managed employee pensions, the Karstadt workforce was burdened in two ways by the far excessive rents.

In 2007, Siemens commissioned Dibelius to sell its automotive supplier VDO to Continental AG . The purchase price of 11.4 billion euros is still a burden on Continental today. The later Continental owner Schaeffler Group therefore was mid-December 2009, two major banks, the German Bank and JPMorgan Chase , a capital increase of the share capital of Continental conduct amounting to one billion euros. The banks feared losses and hesitated because they had to guarantee a minimum price of € 32 per share and the Schaeffler Group's stake in Continental should not fall below 75% at the time. Shortly before Christmas 2009, Dibelius turned to Continental's supervisory board chairman Wolfgang Reitzle , an old business partner, and received his support for this transaction. At the end of December 2009, Dibelius obtained the approval of Maria-Elisabeth Schaeffler , the Schaeffler Group's shareholder , to hand the capital increase to Goldman Sachs in Kitzbühel . Instead of a subscription period of several weeks with the risk of a falling share price, he guaranteed her a quick settlement. Schaeffler was convinced and the next day handed over the power of attorney to its CFO Klaus Rosenfeld to cooperate with Goldman Sachs , whom Dibelius knew very well. The German Bank and JPMorgan Chase were faced with a fait accompli and had to share in the placement with much less content advisory fees.

While the legality of the activities of the New York headquarters for bonus -Exzessen in the Great Depression, an SEC -Anklage has fallen into increasing criticism because of investment fraud and a Senate hearing, in Germany business is Goldman Sachs only the legitimacy of the business practices doubted. A former Goldman Sachs consultant in Germany said: “Our solutions were legal, but close to the wind.” A well-known investment banker, on the other hand, considers Goldman Sachs to be “cross-border commuters”. Dibelius countered the general doubt that one was setting “internally clear limits”, that one should not do everything, even if it was legal. Nevertheless, there should be no limits on salaries and bonus payments.

Controversy

Dibelius received considerable criticism with his view that “banks ... have no obligation to promote the common good” in a lecture on January 14, 2010 during the 10th “Campus for Finance” student conference at WHU - Otto Beisheim School of Management . A company spokeswoman qualified this statement as an imprecise translation of the English presentation. As a result, leading politicians in the governing coalition distanced themselves from Dibelius. A high-ranking representative of the Federal Ministry of Finance considered the remark to be a “ faux pas that cannot be explained to the public.” After it became known in February 2010 that Goldman Sachs had helped the Greek government disguise the debt in order to meet the EU criteria , said a confidante of Merkel: "The measure is actually full. A bank that behaves in this way must not be rewarded with public contracts. ”Dibelius advised Chancellor Merkel above all on the privatization plans of state property, such as the Deutsche Bahn .

The Berlin Senator for Finance Ulrich Nussbaum terminated the cooperation with Goldman Sachs in April 2010 and also called on the federal government to suspend public contracts because he had "considerable doubts" about the seriousness of Goldman Sachs . This announcement was preceded by a conflict over the Berlin real estate company GSW , which was acquired in 2004 by Goldman Sachs and Cerberus Capital Management for 2.1 billion euros from the deficit state of Berlin and was to be floated on the stock exchange in May 2010. Nussbaum therefore demanded an additional payment of EUR 30 million, because the IPO would generate additional profits for the bank and the State of Berlin wanted to participate in it. Dibelius then had a legal opinion drawn up which concluded that such a payment would be a bribe. This allegation was again refuted in a second report. Nussbaum then publicly defended himself against "such attempts at extortion with which I should be labeled a criminal". In mid-April 2010, BayernLB , a public client , terminated its relationship with Goldman Sachs for the first time , and Dibelius had been advising the bank since November 2008 on the procurement of private loan assistance (“rescue package”). In 2010, the federal government no longer awarded any public contracts to Goldman Sachs (as of August 2010).

At the beginning of the corona crisis , he expressed criticism in how politicians were dealing with the virus. In an interview with the Handelsblatt he said: "Is it correct that ten percent of the - really threatened - population is spared, 90 percent including the entire economy are extremely hindered, with the potentially dramatic consequence that the basis of our general Is wealth massively and sustainably eroded? " According to him, the economic crash is more serious than the possibility of saving people who are already weakened.

Conflicts of Interest

Since the 2000s, Dibelius has no longer limited itself to a consulting and service function for client companies, but has increasingly appeared as a determining actor. Conflicts of interest inevitably increased, but Dibelius constantly and emphatically denies this. Critics, on the other hand, accuse him of conflicts of interest because of his change in the role of advisor to a competing investor and because of his change from advising one client company to another. One example of this is the mechanical engineering company MTU Friedrichshafen , which the MAN conglomerate wanted to take over and was advised by Goldman Sachs . When it became known that MAN would not win the purchase, Dibelius switched sides and advised the Swedish investment company EQT on the takeover of MTU. Finally, in December 2005, EQT received the commission from MTU and Goldman Sachs .

Since 2004 Dibelius has been involved in all important transactions of the KarstadtQuelle Group. Dibelius and Arcandor board member Middelhoff had agreed to meet on Friday morning for a long time. Dibelius acted not only as an advisor to KarstadtQuelle , but also as buyer and dealer of KarstadtQuelle loans. Goldman Sachs also placed a large loan for KarstadtQuelle , kept part of it itself and is one of the key creditors today. In Karstadt's insolvency proceedings , Dibelius appeared both as a creditor of rents ( Highstreet Holding ) and later as a buyer of Karstadt - one day after the investor Nicolas Berggruen submitted an offer to buy on Whitsun Friday , May 21, 2010, which included rent reductions. The bankruptcy administrator Klaus Hubert Görg saw a conflict of interest in this, as did Berggruen. Observers feared that Dibelius' purchase initiative should enable a later partial merger with the department store chain Kaufhof ( Metro AG ), which the then Metro board member and Dibelius friend Cordes had been striving for for several years. Dibelius denied any partiality in the Karstadt case towards Cordes.

Observers see a new business strategy in this: Goldman Sachs' approach is no longer customer orientation, but profitability . This view was rejected by a company spokesman. In the opinion of the CFOs of German companies, the decreasing reliability of Goldman Sachs triggered growing resentment, so that Dibelius and Goldman Sachs hardly trust the DAX- 30 companies anymore. The German private equity entrepreneur Clemens Vedder considers Dibelius to be the “worst German bank manager” because of his “aggressive behavior” in transactions.

Private life

Dibelius was married to the Austrian lawyer Andrea Dibelius from 2003 to 2013. Best man was the German manager Eckhard Cordes , conversely Dibelius was also his best man and godfather of Cordes' eldest son. In 2001, Dibelius acquired Thomas Mann's former property in Munich - Bogenhausen am Herzogpark . His cousin Thomas Dibelius, architect and professor at the University of Siegen , then built the façade of the former Mann Villa, which was almost faithfully restored, with a classically modern interior design. Dibelius spends his free time in a € 10 million villa in Saint-Tropez and in a € 16 million villa in Aschau near Kirchberg near Kitzbühel . Dibelius also owns a property in Belgravia, London . In 2015 Dibelius acquired a listed villa in need of renovation in Berlin in the Dahlem district for 9.3 million euros , which he and his second wife are converting and renovating into the family's private home.

He has two children with his new partner, the actress Laila Maria Witt (born 1982), whom he married in 2015, and they brought two more into the marriage.

Dibelius' leisure activities are “mountain tours” and skiing in Kitzbühel, and his preferences include “fast cars”. He won first place several times in the downhill skiing race Burda Ski Cup at the end of the World Economic Forum in Davos. He attended the premiere at the Bayreuth Festival in 2010.

literature

  • Robert Landgraf, Michael Maisch: Extremely ambitious, extremely disciplined - Alexander Dibelius has made it: He is the sole head of the investment bank Goldman Sachs in Germany. In: Handelsblatt , May 3, 2005, reprinted in: Ralf Spiller, Georg Weishaupt (eds.): Leaders at the Top - Business leaders in portrait , Redline Wirtschaft, Heidelberg 2006, ISBN 3-636-01341-6 , p. 117 -120, online text .
  • Barbara Nolte, Jan Heidtmann: Alexander Dibelius "Greed is something human" . In: Barbara Nolte, Jan Heidtmann: Those up there, interior views from German executive floors . Suhrkamp Verlag , Frankfurt am Main 2009, ISBN 978-3-518-12599-1 , pp 177-196, excerpt (PDF, 210 kB).

Web links

Individual references and citations

  1. ↑ a b heads of the economy - Alexander Dibelius . ( Memento from October 5, 2009 in the Internet Archive ) In: WirtschaftsWoche online / Munzinger-Archiv , accessed on November 1, 2011. Date of birth November 23, 1959 according to Dibelius Alexander C. Dr. . In: whoiswho-verlag.de, accessed on November 1, 2011.
  2. ↑ Sven Clausen: In: Financial Times Deutschland , July 12, 2007.
    “In prosperous times like last year [2006], Dibelius himself received around 25 million euros without private investments, estimates a company expert.”
    In the course of the IPO of Goldman Sachs in 1999 Dibelius received a block of shares worth about "30 to 40 million marks" . In: Andreas Nölting:     Club of Millionaires. Goldman Sachs' IPO turns former partners into wealthy shareholders. ( Memento from November 4, 2013 in the Internet Archive ) In: manager magazin , June 1999, p. 37, (PDF; 493 kB, 3 p.).
  3. ↑ a b c Andreas Nölting: The 50 most powerful. The restless banker. In: manager magazin , December 5, 2002.
  4. ↑ - ( Memento of the original from February 26, 2017 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / de.cvc.com
  5. ^ A b sueddeutsche.de: Lawsuit against US bank. Goldman Sachs falls from grace . Süddeutsche Zeitung , April 20, 2010.
  6. ↑ atlantik-bruecke.org: annual report ( memento of March 3, 2011 in the Internet Archive ), p. 96 (PDF; p. 49/75 of the PDF page count; 6.7 MB), photo by A. Dibelius with his name ; "It is worth being a member of the Atlantik-Brücke"
  7. ↑ a b c d e f g h Ulrike Posche : The talented Mr. Dibelius. He is the governor of the US investment bank Goldman Sachs in Germany. Alexander Dibelius was a doctor in South Africa, then he moved to the realm of greed. Visit a smart dealer. In: stern , No. 18/2010, pp. 124–128, issue ( Memento from July 21, 2010 in the Internet Archive ).
  8. ↑ Alexander Dibelius. ( Memento of the original from February 27, 2014 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. (PDF; 63 kB) In: Wincor Nixdorf , accessed August 5, 2010. @1@ 2Template: Webachiv / IABot / www.wincor-nixdorf.com
  9. ↑ Gerald Braunberger: Apply directly from university as CEO? In: Crosswater Job Guide, November 28, 2009
    "Bypass, heart valve, rounds, bypass, heart valves, rounds."
  10. ^ Karen Lowry Miller: Germany's Deal Doctor. Alexander Dibelius, Goldman Sachs. In: Businessweek , April 5, 1999.
  11. ↑ a b c d e f g Claudia Reischauer, Wolfgang Zdral : Goldman Sachs. The shadow man. ( Memento of January 23, 2012 in the Internet Archive ) In: Capital , July 12, 2006, archived by Internet Archive .
  12. ^ A b Robert Landgraf: Goldman Sachs. The deal makers. In: Handelsblatt , December 2, 2005.
  13. ^ Andreas Nölting: Club of Millionaires. Goldman Sachs' IPO turns former partners into wealthy shareholders. ( Memento from November 4, 2013 in the Internet Archive ) In: manager magazin , June 1999, p. 37, (PDF; 493 kB, 3 p.).
  14. ↑ a b Alexander Dibelius . In: whoswho.de, accessed on August 15, 2010.
  15. ↑ Eva Buchhorn: Goldman Sachs. The spirit of the house. 7th part: Generational contract in its own right . In: manager magazin , December 29, 2005.
  16. ↑ Investment banker Dorothee Blessing is leaving Goldman Sachs. In: FAZ.net , February 27, 2013.
  17. ↑ proper: Blessing returns to Goldman Sachs. In: Die Welt , November 18, 2004.
  18. ↑ Eva Buchhorn: The spirit of the house . Part 6: Only a few make the leap . In: manager magazin , December 29, 2005.
    Philip Holzer becomes Goldman Vice President . In: manager magazin , July 14, 2009.
  19. ↑ Thomas Katzensteiner, Cornelius Welp: Goldman Sachs is struck in Germany . In: WirtschaftsWoche , August 3, 2009.
  20. ↑ Eva Buchhorn: Goldman Sachs. The spirit of the house . Part 2: The working day has 24 hours . In: manager magazin , December 29, 2005:
    "Investment bankers [...] often spend months working on deals, the majority of which are never realized because obstacles arise."
  21. ↑ Jörg Eigendorf: The pullers of the takeover battle . In: Die Welt , February 14, 2000.
  22. ↑ Hans G. Nagl: Germany boss Dibelius goes to diving station . In: Handelsblatt , April 23, 2010.
    "Even critics admit that hardly any of his competitors are as well connected in the German economy and politics as Dibelius."
  23. ↑ Gerald Braunberger: Goldman Sachs makes you rich and sometimes tired . In: Frankfurter Allgemeine Sonntagszeitung , December 19, 2004.
    “… Goldman Sachs [never] attached any importance to the public. Even today it is discreetly meant to journalists that one would prefer to do without articles. "
  24. ↑ A. Dibelius: New owners demand a higher return. In: Handelsblatt , August 15, 2001.
    A. Dibelius: Finanzplatz Deutschland. Goldman Sachs is sounding the alarm. In: manager magazin , June 10, 2003.
    A. Dibelius: The old Germany AG does not bring the country any further. In: Welt am Sonntag , June 11, 2006.
    A. Dibelius: (The German upswing is a) product of foresight and flexibility. In: Handelsblatt , August 16, 2010. A comment on this. In: Tagesspiegel
  25. ↑ He gave lectures a. a. at the University of Hohenheim ( memento from February 26, 2014 in the Internet Archive ), in Frankfurt am Main , in the private University of Witten / Herdecke ( memento from March 5, 2009 in the Internet Archive ) ( archive.org ), WHU, Otto Beisheim School of management .
  26. ↑ Robert Landgraf, Michael Maisch: Extremely ambitious, extremely disciplined - Alexander Dibelius did it. In: Handelsblatt , May 3, 2005.
  27. ↑ a b c d Brigitte von Haacke: Like an octopus. In: WirtschaftsWoche , June 16, 2006 ( scroll down ).
  28. ^ Christian Schlesiger, Liane Borghardt, Michael Kroker, Sebastian Matthes: Eliten. How manager selection works. In: WirtschaftsWoche , February 18, 2008.
  29. ^ Gunhild Lütge: Karstadt in purgatory. In: Die Zeit , July 8, 2010, No. 28.
  30. ↑ Christoph Pauly: The Church of Capitalism . In: Der Spiegel . No. 2 , 2001, p. 72-75 ( Online - Jan. 8, 2001 ).
  31. ^ Bill Vlasic, Bradley A. Stertz: Taken for a Ride. How the DaimlerChrysler “marriage of equals” crumbled . In: BusinessWeek , June 5, 2000 (excerpt).
  32. ↑ Franz Rother, Thomas Katzensteiner, Rüdiger Kiani-Kress: What drives the new rail boss Rüdiger Grube . In: Wirtschaftswoche , April 7, 2009.
  33. ↑ da./eig: Farewell helps the share price . In: Die Welt , March 10, 2006.
  34. ↑ Josef Hofmann: The merger makes sense in the long term . In: WirtschaftsWoche / Handelsblatt , May 6, 2003, interview with Dibelius.
  35. ↑ a b c Sven Clausen, Steffen Klusmann, Klaus Max Smolka, Angela Maier: Agenda: Goldfinger . ( Memento from August 2, 2012 in the web archive archive.today ) In: Financial Times Deutschland , July 12, 2007.
    “'For him, DaimlerChrysler was the ticket to finally being appointed as a partner of Goldman Sachs,' says one of his old companions . "
  36. ↑ Marco Dalan: Daimler-Chrysler will join Mitsubishi next week . In: Die Welt , March 24, 2000.
  37. ↑ DaimlerChrysler drops Mitsubishi . In: Deutsche Welle , May 1, 2004
  38. ^ Sven Clausen, Steffen Klusmann, Klaus Max Smolka, Angela Maier: Agenda: Goldfinger. Victories and defeats . ( Memento from July 30, 2012 in the web archive archive.today ) In: Financial Times Deutschland , July 12, 2007.
  39. ^ A b Robert Landgraf: Investment banker of extremes: Dibelius . In: Handelsblatt , June 12, 2009.
    Hans G. Nagl: Germany boss Dibelius goes to a diving station . In: Handelsblatt , April 23, 2010.
  40. ↑ jja: Banker from Goldman Sachs exonerates Ackermann . In: FAZ , April 15, 2004
  41. ↑ brs: Investment bankers: premiums played no role. According to Goldman's head of Germany, Christoph Alexander Dibelius, the controversial multi-million dollar bonuses did not play a central role in the takeover of Mannesmann by Vodafone . In: Handelsblatt , April 15, 2004, p. 22.
  42. ↑ Karstadt landlords are preparing for bankruptcy . In: Spiegel Online , May 29, 2009.
    “Middelhoff had officially sold the properties to Highstreet for a total of 4.5 billion euros - insiders assume that after deducting commissions and distributions to investors, significantly less than 4.5 billion euros Karstadt arrived. "
  43. ↑ Less resistance to Berggruen. In: Handelsblatt , July 6, 2010.
  44. ↑ The super-rich received horrific Karstadt rents. In: welt.de . June 14, 2009, accessed October 8, 2015 .
  45. ↑ Michael Freitag: Mastermind. Nice mess . ( Memento of November 4, 2013 in the Internet Archive ) In: manager magazin , 2010, No. 2, p. 18, (PDF; 219 kB).
  46. ^ A b Sven Clausen, Guido Warlimont: Capital increase: The Kitzbühel Conti-Coup . ( Memento from October 17, 2010 in the Internet Archive ) In: Financial Times Deutschland , January 7, 2010.
  47. ^ Axel Höpner, Hans G. Nagl and Mark Christian Schneider: Klaus Rosenfeld: A workaholic with a flair for timing . In: Handelsblatt , January 10, 2010.
  48. ^ Beat Balzli, Armin Mahler, Christoph Pauly, Wolfgang Reuter, Thomas Schulz: Moralischer Bankrott . In: Der Spiegel . No. 17 , 2010, p. 94-99 ( Online - Apr. 26, 2010 ).
  49. ↑ a b c Ulrich Reitz : The silence of Goldman Europe boss Dibelius . In: WirtschaftsWoche , August 5, 2010.
  50. ^ J. Dams, S. Jost, F. Seidlitz: All against Goldman Sachs - wanted victims . In: Die Welt , April 25, 2010.
  51. ↑ Ulrich Papendick: Alexander Dibelius: “Some things went wrong.” In: manager magazin , December 17th, 2008.
  52. ↑ Goldman banker Dibelius: “Banks do not have to promote the common good.” In: Focus , January 15, 2010.
  53. ↑ Banks do not have to promote the common good. In: Handelsblatt , January 14, 2010.
  54. ↑ a b Goldman banker enrages coalition . In: Handelsblatt , January 15, 2010.
  55. ↑ Markus Diem Meier: How Goldman Sachs helped the Greeks to cover up debts . In: Basler Zeitung , February 15, 2010.
    cis: Deficit Cosmetics. Greece paid $ 300 million to Goldman Sachs . In: Spiegel online , February 14, 2010.
  56. ↑ "The measure is actually full": Goldman Sachs in the pillory . In: Handelsblatt , April 20, 2010.
  57. ^ Lawsuit against US bank. Goldman Sachs falls from grace . In: Süddeutsche Zeitung , April 20, 2010.
  58. ↑ a b Sven Afhüppe, Daniel Goffart: Berlin accounts with Goldman Sachs . In: Handelsblatt , April 21, 2010.
  59. ^ Wolfgang Reuter, Andreas Wassermann: Banks. Constructed suspicion . In: Der Spiegel . No. 16 , 2010, p. 102 ( online - April 19, 2010 ).
  60. ↑ Meike Schreiber: After SEC lawsuit: BayernLB puts Goldman in front of the door . ( Memento of April 24, 2010 in the Internet Archive ) In: Financial Times Deutschland , April 21, 2010.
  61. ↑ Interview: Investor Dibelius: “Shutdown of the economy scares me more than the virus”. Retrieved March 23, 2020 .
  62. ^ Sven Clausen: Agenda: Goldfinger . ( Memento from September 5, 2009 in the Internet Archive ) In: Financial Times Deutschland , July 12, 2007:
    “He no longer just wants to advise, execute and develop financial products on behalf of his customers. He has slipped into the role of the emperor, who himself designs, determines and sets schedules ”.
  63. ↑ For example, Dibelius denies conflicts of interest in: Thomas Katzensteiner, Cornelius Welp: Germany boss Alexander Dibelius: "A lot of myths are circulating about Goldman Sachs." In: WirtschaftsWoche , August 1st, 2009.
    Tim Höfinghoff, Rainer Hank : Lunch with the Sunday newspaper: Alexander Dibelius, Goldman Sachs. Restless, smart and ascetic. ( Memento from November 5, 2013 in the Internet Archive ) In: Frankfurter Allgemeine Sonntagszeitung . August 12, 2007, p. 43, (PDF; 288 kB):
    “For some time now, investment bankers have not only acted as advisors on takeovers, sales or mergers of companies, but have also presented themselves as investors who operate on the market with their own money . “Nobody will deny that there is potential conflict,” says Dibelius. But he vehemently denies what is being said of him: He acts as an advisor to the seller in the same business in order to make the deal as a buyer on the other side of the business, possibly on favorable terms. "
  64. ↑ a b Sven Clausen: Agenda: Goldfinger . ( Memento from February 6, 2013 in the web archive archive.today ) In: Financial Times Deutschland , July 12, 2007.
  65. ^ Burkhard Uhlenbroich: Secret agreement with trade unions. Goldman Sachs boss Dibelius wants to buy Karstadt . In: BamS , May 22, 2010.
  66. ↑ hgn / str / oli: Berggruen makes a small breakthrough at Karstadt . In: Handelsblatt , July 13, 2010.
  67. ↑ Oliver Stock, Christoph Schlautmann: Karstadt sales. Berggruen wants to ask the government for help . In: Die Zeit online , July 5, 2010.
  68. ↑ Caspar Busse: Until the bitter end ( Memento from August 6, 2010 in the Internet Archive ). In: Süddeutsche Zeitung , August 3, 2010.
  69. ↑ Dietmar Hawranek, Armin Mahler: Profit instead of growth . In: Der Spiegel . No. 39 , 2007, p. 72-73 ( online - 24 September 2007 ). Quote: “Cordes now has a free hand. Is he going to crush the [Metro] concern now? He denies that. And will the department store giants Karstadt and Kaufhof be merged in the end? Middelhoff's environment seems enthusiastic about the idea. The idea of ​​a department store AG that will then operate jointly is already being played out there. ”
    Stefan Weber: Possible merger of Kaufhof and Karstadt. “There is no way around merging.” In: Süddeutsche Zeitung , November 2, 2007.
  70. ↑ Thomas Katzensteiner, Cornelius Welp: Germany boss Alexander Dibelius: "There are a lot of myths circulating about Goldman Sachs." In: WirtschaftsWoche , August 1st, 2009:
    "If Metro strikes at Arcandor, it will still be said: Cordes arranged that with Dibelius . "
    Dibelius:" I know this statement and it is repeated over and over again, regardless of whether it is true. "
  71. ^ Sven Clausen: Agenda: Goldfinger. ( Memento from September 5, 2009 in the Internet Archive ) In: Financial Times Deutschland , July 12, 2007.
  72. ^ Robert Landgraf: Responsibility instead of rip-offs is the order of the day. In: Handelsblatt , January 24, 2010, interview with Clemens Vedder .
  73. ↑ Munich high society couple. Andrea and Alexander Dibelius: divorce! In: Bild , June 19, 2013.
  74. ↑ Andrea and Alexander Dibelius: Divorce! In: Bild , June 19, 2013.
  75. ↑ Uli Schulte Döinghaus: Munich Residence: Life in Thomas Mann . In: Handelsblatt , September 27, 2006.
  76. ↑ http://www.dibelius-architekten.de/deutsch/b%C3%9Cro/thomas-dibelius.html
  77. ↑ Photos: Thomas Mann Villa in Herzogpark. ( Memento from December 15, 2013 in the Internet Archive ) In: Dibelius Architects, 2010.
  78. ↑ Bea Peters: My wild party night with Nicolas Berggruen. In: BZ , July 31, 2010.
  79. ↑ Dibelius threatens trouble from buying property
  80. ↑ New villa for the Goldman Sachs banker: Alexander Dibelius buys former Berlin maternity hospital | THE INVESTMENT . In: THE INVESTMENT . ( dasinvestment.com [accessed July 22, 2018]).
  81. ↑ Georg Meck: The wedding of the year. In: FAZ.net . September 12, 2015, accessed October 13, 2018 .
  82. ^ " Withdrawal of Alexander Dibelius: Baby instead of bank ". Süddeutsche Zeitung, 29./30. October 2014, p. 17.
  83. ↑ Ulrich Reitz : Smart is hard. In: Die Welt , February 6, 2005.
    Burda Ski Cup in Davos. ( Memento of the original of September 13, 2009 in the Internet Archive )     Info: The @1@ 2Template: Webachiv / IABot / www.hubertburda.de archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. In: hubertburda.de , February 3, 2006.
    Niko von der     Betten , Jonas Grashey: Burda Ski Cup. Exciting finale in the foehn storm. In: Focus , February 28, 2008.
  84. ↑ Joachim Hofer, Sven Prange: Principal's daughter: Katharina Wagner and the difficult Bayreuth balancing act. In: Handelsblatt , July 25, 2010.
personal data
SURNAME Dibelius, Alexander
ALTERNATIVE NAMES Dibelius, Alexander C.
BRIEF DESCRIPTION German finance manager
DATE OF BIRTH October 23, 1959
PLACE OF BIRTH Munich