Word: forde
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Dates: during 2000-2009
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...want to boost foreign aid to win back goodwill around the globe. "You've got a split in a tribe of like-minded people," says Strobe Talbott, president of the Brookings Institution. But if Democrats have none of the deep ideological divisions that have plagued Republicans since before Gerald Ford, there are sharp character differences between the two candidates that would define a presidency...
...subsidies, and Brazil's filling stations no longer even offer plain gasoline. Worldwide investment in biofuels rose from $5 billion in 1995 to $38 billion in 2005 and is expected to top $100 billion by 2010, thanks to investors like Richard Branson and George Soros, GE and BP, Ford and Shell, Cargill and the Carlyle Group. Renewable fuels has become one of those motherhood-and-apple-pie catchphrases, as unobjectionable as the troops or the middle class...
...Both companies have been hobbled by poor quality and productivity for years, and Ford clearly spent huge sums to attempt to correct those problems. "Most of the hard work's over, the real painful things have been done, at Ford's expense," Nagley believes. All Tata needs to do is continue to spend the money needed to make Ford's investment pay off. Given that Tata is India's biggest conglomerate, cash shouldn't be a problem...
...Critics claim that Ford's biggest mistake was introducing a low-cost X series that buyers shunned for essentially being too Ford-like. "They tried to make Jaguar a full-line BMW on the cheap," Nagley says, but the public wasn't interested in "pale imitations with appalling style." At Land Rover, however, it got the product mix right and sales increased - they jumped 18% last year to 226,400. So why is Ford also unloading Land Rover? "I think they're desperate for cash. It's not a good thing when a company sells off a profitable unit," says...
...open up emerging markets for Jaguar and Land Rover across Asia and Russia. "There's certainly room to do that," Wormald says. "But it will take an awful lot of time and money." Still, as gambles go, Tata's seems more likely to reap the payoff that eluded Ford...