Word: chrysler
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Dates: during 1980-1989
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...Iacocca does not want to be President of the U.S. Sure, the man has led a triumphant life: the son of Italian immigrants, he scratched his way to the top of the Ford Motor Company, then guided Chrysler from the brink of financial ruin to robust health and considerable profits. And, yes, he has become a household name as the earnest TV pitchman for his company's cars. He is also the author of the best-selling autobiography ever (more than 5 million copies, hardcover and paperback, are in print) and a proud patriot who raised $277 million...
...extraordinary popularity. A Gallup poll found that the only public figures more highly esteemed in America are Ronald Reagan and the Pope. A poll conducted for TIME by Yankelovich, Clancy, Shulman shows Iacocca as the first choice for the Democratic presidential nomination among 18% of Democrats and Independents. The Chrysler chairman's ranking was second only to that of Colorado Senator Gary Hart. There is some doubt, however, whether his standing -- which rests primarily on name recognition -- could be converted into real voter support in an actual campaign...
...cope with the subtleties and compromises of American realpolitik? The draft-Iacocca boosters may underestimate the depth of his lifelong love affair with the auto business. He adores the nuts and bolts of it, the marketing strategies, the finite way in which success (or failure) is easily measured. With Chrysler on the rebound, Iacocca harbors impossible dreams of driving his company past Ford to take the second spot behind General Motors. Nothing, in fact, would please Iacocca more than overtaking his old boss and nemesis, Henry Ford II, the man who sought to end his career after a bloody power...
...Chrysler Chairman LEE IACOCCA at Duke University, Durham, N.C.: "My class, the class of '46, wasn't too worried about competing in the world. There was hardly anybody to compete with. But the class of '86 had better learn how to compete, because you're living in a very different world. Something else you'd better do better than we have: learn how to balance the books. We're leaving you with a $2 trillion national debt. Along with your own problems and your own bills, you're going to get the privilege of handling some of mine...
...figures, their impression of them, and whom they would prefer right now as a Democratic presidential nominee.* The list included 1984 Presidential Candidates Gary Hart and Jesse Jackson, Arizona Governor Bruce Babbitt, New Jersey Senator Bill Bradley, Delaware Senator Joseph Biden and Missouri Congressman Richard Gephardt, as well as Chrysler Chairman Lee Iacocca and the right-wing fringe candidate, Lyndon LaRouche...