Word: ferdinands
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Brooding Boss. The similarity between Porsche and Volkswagen is not accidental. Porsche got its name from the late Ferdinand Porsche, who built his first car in 1899, went on to design the first Volkswagen in 1936. He also had a hand in designing the Panther, Elefant and Tiger tanks that terrorized Europe in World War II, spent two years in a French prison as a war criminal. Porsche's postwar success is a product of his son, Ferry Porsche, 56, a cautious, brooding engineer. Ferry brought Porsche from a garage in Gmünd, Austria to a glass...
...seemed like a different kind of bull-more Ferdinand than Taurus-but it kept Wall Street hopping all week. The Dow-Jones industrial average of 30 blue-chip stocks, which two weeks ago had retreated after briefly cracking its historic May high of 939.62, moved up to new records on five consecutive days. On the final trading day, the average climbed all the way to 959.39 before a flurry of profit-taking drove it back to a 952.42 close. Even so, it was up a strong 11.74 points for the week, the biggest gain in seven weeks. It stood only...
Bathroom Murder. The ruling Liberal Party, headed by incumbent President Diosdado Macapagal, is running scared. The Nacionalistas are crowing that public-opinion polls show their candidate, Senate President Ferdinand Marcos, neck and neck with Macapagal. Both candidates have published glowing biographies. The President's, entitled Macapagal-The Incorruptible, runs over 200 pages. His rival's, called For Every Tear a Victory, is not only fatter and more fulsome, but has been made into a film that runs for three weepy hours. A Manila critic described it as a trilogy: "The first part is about Marcos, the second part...
Married. Robert Ferdinand Wagner, 55, New York City's third-term mayor; and Barbara Joan Cavanagh, 36, United Shoe Machinery Corp. heiress and longtime friend of the mayor's late wife Susan; he for the second time; by Francis Cardinal Spellman, in Manhattan. Following a ten-day honeymoon on Marco Island, Fla., the Wagners will live in a duplex suite at Manhattan's Hotel Carlyle while apartment hunting, relegating the mayor's residence, Gracie Mansion, to official use only, since they would have to move out when his term ends in December and, as Mrs. Wagner...
...some hoped he would be when he was elected three years ago amid fiery promises of cleaning up corruption. Faced with a tough election in November, he has carefully skirted the Laurel-Langley issue thus far, fearing that any stand would give ammunition to his opponent, Nationalist Party Leader Ferdinand Marcos, 47. To date, at least, each candidate has been jockeying to appear more pro-American than the other, but in the wake of last week's demo, both agreed that there could be further trouble...