Word: chairmanship
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What is being highly acclaimed as a "merger" between Daimler-Benz and Chrysler [BUSINESS, May 18] is far more ominous. A close look reveals the disturbing truth. The new company will be incorporated in Germany. After a three-year transition period of co-chairmanship, a single chairman will take charge of the company. That chairman, you can wager, will come from Daimler-Benz. In short, Chrysler has been "bought" by Daimler-Benz. As a result, another great name in America's manufacturing history will gradually fade into oblivion. With only two American auto manufacturers left, we are at risk...
...explanation? "When you've got 150 hours of tape and you've got to condense it down to an hour," he told reporters, "obviously you're going to do some things that some people are concerned about." Whether that will quell the demands for his resignation from the chairmanship remains to be seen...
...about to be electronically linked with a Sinn Fein member in another studio. But in August the British government declared that a new I.R.A. cease-fire was genuine and that Sinn Fein was thus qualified to join the political talks jointly sponsored by London and Dublin under the chairmanship of former U.S. Senator George Mitchell. Suddenly, Sept. 15, the date set for the start of a new round of talks, became the moment of truth for Trimble. Sinn Fein would join the talks, but would Trimble take his party...
Though cleared of bribery and racketeering charges after a seven-week trial this summer, the 17-term McDade did not emerge unscathed from his four-year legal ordeal--he was passed over by his party for chairmanship of the House Appropriations Committee and suffered two strokes during the trial. Still, he has been so successful in taking care of his constituents over the past three decades that some believe even a conviction would not have turned voters' heads...
After finishing a demoralizing third place in the 1993 Republican primary for the U.S. Senate and failing to win the chairmanship of the Texas G.O.P. in 1994, Barton has finally enjoyed some legislative glory during the 104th Congress as a leader in the balanced-budget wars. And despite redistricting, he may avoid a runoff...