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...procession of limousines crammed the White House driveway last Friday, as 50 of the most powerful leaders of U.S. business accepted an invitation for an off-the-record exchange of views with ranking Administration officials. Among them were the chiefs of Exxon, General Electric, Du Pont, Merrill Lynch, National Steel, B.F. Goodrich and Boeing. The Administration was engaged in one of the most ambitious public relations campaigns to be aimed at the business community since Lyndon Johnson's day. The goals: to build support for Carter's tax package and to reassure business leaders, who have been unimpressed...
...Spanish, neo-20th Century-Fox. Even the ficus trees lining the street seem to be part of a grand design by Potemkin. Still, the veteran spendthrift arriving on Rodeo Drive has a sense of déjà vu. No, the street does not possess the discreet elegance of Paris' Rue du Faubourg-St.-Honoré, the stylishness of Rome's Via Condotti or the hustling excitement of Manhattan's Fifth Avenue. But the very rich find most of the store names cozy and familiar: Courrèges, Fred Joaillier, Gucci, Hermes. Bally, Céline, Ted Lapidus, Bilari, Nazareno Gabrielli, Battaglia, Mille Chemises, Omega...
...aren't these women smiling? Authors Nora Ephron (Crazy Salad), Erica Jong (Fear of Flying) and Francine du Piessix Gray (Lovers and Tyrants) are discussing a serious subject: women, men and money. The occasion: a Washington benefit for the Women's Campaign Fund. Gray argued that being put on a pedestal has sometimes been a severe obstacle to a woman's achieving success. Women, she said, are "the only exploited group in history who have been idealized into powerlessness." Jong agreed. "We successful women feel we are doing something unwomanly by making money," she complained. "When...
...candidate search team headed by Mondale was set up. The group knew almost from the outset that its ideal candidate would be a progressive businessman, preferably a Democrat (which Miller is). A list of a dozen names was drawn up; eventually it was pared to five. On it were Du Pont Chairman Irving Shapiro, General Electric Chairman Reginald Jones, Brookings Institution Chief Bruce MacLaury and Bank of America President A.W. Clausen, in addition to Miller. Washington rumor has it that Shapiro, Jones and Clausen turned down...
Irving S. Shapiro, chairman of E.I. Du Pont de Nemours & Co. (annual sales: more than $8 billion), says, "It costs the company a lot of time and money to comply with Government reporting requirements." Du Pont has to spend $5 million and 180 man-years of work annually to file 15,000 reports to the Federal Government. Among many other things, the company is held accountable not only for its own programs for hiring and promoting minorities and women, but also for the affirmative action programs of every supplier that sells it more than $2,500 worth of goods...