Word: fiats
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Dates: during 1960-1969
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...even newer trend is the skiing vacation in Europe. A skier who catches Alitalia's 8 p.m. Flight 603 at Idlewild Airport on Friday is in Milan Saturday morning at 9:20, ready to jump into a rented Fiat for the drive to Cervinia. At noon, he is schussbooming down the flanks...
...antitrust field: France, Germany, Belgium and The Netherlands have relatively lax national antitrust laws, while Italy and Luxembourg have none at all. This free-and-easy situation results partly from the reality that the economy of Italy, for example, can support only one automaking giant such as Fiat. The Common Market trustbusters are not expected to attack bigness as such. But they are expected to crack down on "abuses" of bigness such as price fixing and market sharing. Officials of VerLoren van Themaat's department are empowered to dig into the books of any company operating in the Common...
...savings and loan associations pulled in deposits from all over the country by offering interest rates up to 4½% from the day of deposit, v. the banks' basic rate of 3%. Commercial bankers could not compete effectively, because their interest rates are pegged by Federal Reserve Board fiat, while S. and L. rates are unregulated...
With European demand high and labor scarce. Continental businessmen have built upon the rubble of World War II a spanking new industrial base that rivals the U.S.'s in some respects, excels it in others. At Italy's forward-driving Fiat, computers design engine parts and direct machine tools; Fiat intends to double daily auto production within three years. At Hamburg's Willy Schlieker shipyards, a slender beam of light moves along the lines of a blueprint and automatically directs acetylene torches that slice through thick slabs of steel like butter. And the Europeans are spending freely...
Caviar Every Day. Another lure is a flock of door prizes that recently included a purebred horse and a white Fiat. At his big January ball, Weigt announced last week, a $25,000 hunk of Italian Riviera will be given as a prize. Less successful was his plan to solve the servant problem by auctioning off a maid; it was abandoned after critical comment from a Bavarian radio commentator. Shrugs Weigt: "Servant problems are all the wives ever talk about in this place. All the men talk about is how to get out for an evening without their wives...