Word: detroits
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Dates: during 1970-1979
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...that he had passed hundreds of photos of secret documents to the Soviets while he was based in West Berlin. After the exchange, Thompson hurried off into East Berlin, leaving behind several lingering puzzles about his true identity. Although U.S. investigators remained persuaded that he was a Detroit-born American, Thompson maintained that he was actually born in Leipzig (now in East Germany) of a Russian father and a German mother. If given another opportunity to spy for the Soviets, he said, he would "do it again." In any case, Moscow was so eager to obtain Thompson that it arranged...
...friends and supporters, Michigan Legislator Monte R. Geralds, 43, was a man who seemed well launched into a promising if modest political career. A decade ago, he was named Outstanding Young Man by the Junior Chamber of Commerce in his home town of Madison Heights, a Detroit suburb. Two years later he was elected mayor. The father of five and a practicing attorney, Geralds attracted attention by sponsoring a town ordinance that made parents liable to jail sentences or fines if their negligence contributed to criminal acts by their children. In 1974 Democrat Geralds parlayed his reputation for rectitude into...
...harsh winter and lower than expected new-car sales early this year hurt all of Detroit's automakers, but none more than Chrysler, which once again is awash in red ink. Last week, his newly styled hair showing more gray than usual, Chairman John Riccardo announced his company's biggest first-quarter loss in its history: $119.8 million...
Though many shareholders fear that the sale of new shares will dilute their stock, there are no easy alternatives for raising the money. Without new capital, even Chrysler executives concede, the baby of Detroit's Big Three faces a difficult future in a business where the giants are always spending small fortunes on new-car designs...
Thursday, May 4: Lecture: Coleman Young, Mayor of Detroit, reviews his city and the Carter Urban Plan, Room 10-250, 4:30 pm, free...