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...World War II industrial-mobilization effort, where he got to know top executives at every major manufacturing firm in the land. After the war, these executives began to reward puny Goldman with business, most notably the giant 1956 initial public offering of Ford Motor. (Watch an interview with Ford CEO Alan Mulally...

Author: /time Magazine | Title: Too Much Profit at Goldman and Morgan? | 7/27/2009 | See Source »

...also an agglomeration of Chase Manhattan, Chemical Bank, Manufacturers Hanover, First Chicago, National Bank of Detroit, Bank One, Bear Stearns and Washington Mutual, among others, and this mishmash has only come together as a coherent whole since renowned details guy Jamie Dimon took over as CEO in 2005. "The teamwork culture at JPMorgan Chase is really Jamie Dimon," Ellis says...

Author: /time Magazine | Title: Too Much Profit at Goldman and Morgan? | 7/27/2009 | See Source »

...Ghost model will be much more modest. A prototype of the four-door sedan that has been making the rounds at auto shows this summer is shorter and sleeker than the company's flagship Phantom limousine, making it "slightly more agile" and better for daily use, says Rolls-Royce CEO Tom Purves. It's more affordable as well, priced at just $245,000, far below the $380,000 baseline price tag for the Phantom. (See 10 things to buy during the recession...

Author: /time Magazine | Title: Rolls-Royce Unveils a Recession-Ready Limousine | 7/27/2009 | See Source »

...business model has its limits. Because they work for others, contract manufacturers have little pricing power and don't reap the higher profit margins commanded by companies like Sony and Samsung. "There are very slim margins and you have to listen to your partner," says Peter Chou, HTC's CEO. "With your own brand, you own your own destiny...

Author: /time Magazine | Title: The Name Game | 7/27/2009 | See Source »

...hard to feel sorry for a guy who walks away from a job with a check for €50 million ($71 million). So while a few Germans see Wendelin Wiedeking, departing CEO of German sports car maker Porsche, as the victim of a public lynching by media, few feel bad for him. Wiedeking had a 17-year run at Porsche, the Stuttgart-based sports car icon which has just failed in its bid to take over motoring giant Volkswagen and will now be merged into the VW group. He took the job when Porsche was on the skids and transformed...

Author: /time Magazine | Title: Is Porsche's Exiting Boss A Symbol of Capitalist Excess? | 7/25/2009 | See Source »

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