Word: fiats
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Dates: during 1990-1999
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...week that it is offering to sell at least 30% of its largest industrial company, Volga Automobile Associated Works, maker of Lada sedans, to a foreign investor. The portion of the company up for sale is worth more than $1 billion. The most likely purchaser is the Italian automaker Fiat S.p.A. But the Soviets are not about to miss out on any better offers: they have hired Bear, Stearns, the Wall Street investment banking house, to provide them with some American know-how. Bear, Stearns is bullish on the U.S.S.R. Says Brian Murray, senior managing director: "Foreign companies who position...
Beyond such symbolic gestures, the church is exercising direct political influence in an often fractious country that has just begun to build democracy. Last August, after lobbying by church officials, the government introduced optional religious instruction in schools by administrative fiat rather than parliamentary vote. A poll released last week shows that the church is perceived as the single most powerful national institution, stronger than the government, the presidency, the military, the old communist nomenklatura and even Solidarity. The church's ascendancy has left many Poles uneasily wondering whether their country might someday be transformed into a clerical state, ruling...
Analysts in the U.S. have suggested for some time that Chrysler was a prime candidate for a restructuring that would include taking in a foreign partner. Last year chairman Lee Iacocca tried hard but failed to arrange a deal with the Italian automaker Fiat. It's certainly easier to picture him with an Italian partner than with a Japanese one. Iacocca has stridently attacked Japan's "unfair" trade practices for years, ventilating his views most recently in a letter to President Bush and during an Oval Office meeting. Chrysler ad campaigns have repeatedly challenged the reputation for quality that Japanese...
...STANDS right now, students willing to make this kind of compromise are met by a patronising Radcliffe administration unwilling to meet them halfway. Since the creation of the LCR, it has been run by administrative fiat, with absolute resistance to giving students a part in the actual running of the room...
...right about one thing: when advocates of multiculturalism adopt the haughty stance of political correctness, they quickly descend to silliness or worse. It's obnoxious, for example, to rely on university administrations to enforce P.C. standards of verbal inoffensiveness. Racist, sexist and homophobic thoughts cannot, alas, be abolished by fiat but only by the time-honored methods of persuasion, education and exposure to the other guy's -- or, excuse me, woman's -- point of view...