Word: chryslers
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...much less expensive than private credit. They are eager to have necessary legislation in place by the time Congress adjourns before the election. As recently as last winter, loan guarantees for carmakers had seemed like a piece of the Motor City's past (President Carter signed off on the Chrysler loan guarantees in 1980). But a combination of the economic slowdown and Presidential campaign politics, as well as the precedent of the federal bailout of Wall Street's banks, have helped jump-start Detroit's campaign for loan guarantees. "We think we have some real momentum," says one General Motor...
...chipmaker Advanced Micro Devices and private equity giant the Carlyle Group; another sovereign wealth fund, the Abu Dhabi Investment Authority, paid $7.5 billion to become Citigroup's largest shareholder; and this month the Abu Dhabi Investment Council offered $800 million for a 90% stake in Manhattan's iconic Chrysler Building, pictured above...
...sure ABC got the message, Interior Secretary Donald Hodel issued a statement last week saying that public events ''held on Interior-administrated property should be open to the media.'' The next day ABC announced that the other networks could air the opening ceremony remarks made by Hodel and Chrysler Chairman Lee Iacocca, who heads the foundation that raised funds for the statue's restoration. ABC's competitors will also carry the speeches of Navy Secretary John Lehman and French President Francois Mitterrand, as well as reaction shots of Reagan after he lights the statue. Finally, all four networks will carry...
...competitiveness of U.S. manufacturing. The tariffs would remain in effect only for a fixed period, perhaps five years, while a struggling industry regrouped. Bluestone also advocates a kind of supportive national planning to identify key industries that deserve help in recovery, in the same way that Washington helped Chrysler. However Bluestone and his allies are merely attempting to shore up an illusion, in the view of many other scholars and industrial experts. They argue that the American industrial base is not only surviving but is successfully cresting the challenge of change. In their view, the fear of deindustrialization is misleading...
...SWFs, on the other hand, control more than $3 trillion, an amount that is growing rapidly. That money needs a home, and the weak U.S. dollar presents foreign investors with opportunities to put it to work by snapping up "bargains" like the Chrysler Building and Citigroup stock. But after turning to SWFs in their hour of need last winter, will U.S. and European officials be willing to do so again...