Word: chryslers
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...Empire State (right) and Chrysler buildings open in New York City...
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...
...METAPHOR] GATES: "It's like ordering Ford to sell autos fitted with Chrysler engines...
...lawsuit against Microsoft asks "that the plaintiff recover the costs of this action" -- in other words, that Bill Gates cough up for Klein's legal fees. But the AAG's point is well taken: When billion-dollar corporate lovefests like Travelers Group-Citicorp and Daimler Benz-Chrysler seem to take place every other day, and the responsible watchdog's budget has not been adjusted for inflation since 1993, it's time to pass the hat. Still, as anyone who has tried to navigate www.usdoj.gov/atr knows, the first thing Klein needs is a new webmaster. Perhaps Redmond could help...
KIRK KERKORIAN Billionaire raider sees his post-merger Chrysler stake treble to $5 billion. Gee, them that...