Word: edsels
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Dates: during 2000-2009
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...Edsel was a first name before it was ever a car name. But it was never a very popular thing to call a child: according to the Social Security Administration--which has time for this sort of thing--the name Edsel has ranked only as high as 400th on the top 1,000 names for boys, and that was in 1927. More popular names that year included the soaring Kermit, Buford and Elvin...
...Ford Edsel is a famous $400 million flop, its failure blamed on its name, styling and launch timing...
...Bill the boss has the support of his family, which controls 40% of the company's voting shares, worth about $1.2 billion. If there is friction, it may lie in the rivalry between Ford and his cousin Edsel, the son of Henry II, who lost out in the race for the chairman's job after a lengthy competition. Edsel, who is chairman of the Salvation Army, has said he backs Bill. Edsel's wife Cynthia says, "It's frustrating that they talk about this 'thing' with Edsel because it couldn't be farther from the truth. The family totally supports...
Bill Ford is so committed to the environment that his office is decorated with biodegradable curtains and carpets. He sits at his uncle Edsel's old desk, near a photo of himself breaking boards to earn a black belt in Taekwondo. His favorite car: Mustang. He recently spoke with TIME's Dorinda Elliott and Joseph Szczesny. Excerpts...
...Francisco's Union Square: "At first I was numb. Then I was shocked. Then I started to yell and scream and run up and down." Archrival Pepsi professed to be just as delighted. Crowed Roger Enrico, president of Pepsi-Cola USA, about new Coke: "Clearly this is the Edsel of the '80s. This was a terrible mistake. Coke's got a lemon on its hands, and now they're trying to make lemonade." On Wall Street, though, Coke jumped $2.37 a share on the announcement, while PepsiCo stock sagged 75¢. In Washington, Democratic Senator David Pryor of Arkansas, an admitted...