Word: chryslers
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...once met the great man while working as a neophyte drafter in 1946, a story he recounts for you in this issue. Iacocca, you may remember, was fired as president of Ford by Henry's grandson Henry II before going on to greater glory turning around Chrysler. As you will see, he doesn't hold any grudges...
...since we sought to recognize leadership in several different industries. If, as I believe, the automobile is the product of the century, we could easily have filled the list with the names of famous automakers, including Alfred P. Sloan, Charles Kettering and William Durant (all from General Motors), Walter Chrysler, Ferdinand Porsche (Porsche and Volkswagen), Ransom Olds, Clement Studebaker and the Dodge brothers. Henry J. Kaiser not only built cars but also played a key role in shipbuilding, construction, housing and hospitals. In the end, however, we settled on Henry Ford because his individual genius was so responsible for automating...
...YORK: They've already bought up Random House, Chrysler and even Rolls Royce this year. And now the world's biggest bank is no longer American or Swiss but German, following the announcement Monday that Deutsche Bank AG would officially gobble up BankersTrust for $10.1 billion. Is Germany trying to take over the world? TIME Brussels bureau chief James Graff says the country still has a lot of catching...
...someone's brains are splattered Pollock-like across a wall. Or a blue steel blade flashes in the night, and someone is left crumpled on the carpet, surrounded by a spreading crimson stain. Or an asteroid strikes Earth, and hundreds of colorful New Yorkers are crushed by the Chrysler Building. Sigh. We should all die so crisply and photogenically...
Just about every large U.S. corporation has an FSC; Intel, Eastman Kodak, General Motors, Caterpillar, Union Carbide, Chrysler, R.J. Reynolds and Georgia-Pacific are just a few. And why not? A corporation with an FSC can shelter 15% or more of its export profits from federal income...