Word: forde
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...Fundamentally, the economy is in remarkable shape," says Martin Zimmerman, director of corporate economics for Ford Motor Co. Allen Sinai, chief global economist of Primark Decision Economics, goes further: "It's terrific. Having a combination of good times on Main Street and Wall Street for so long is rare. This may be the only time in history...
Amid the pandemonium of 80,000 roaring Detroit Lions fans, William Clay Ford Jr. anxiously strides the freshly chalked sidelines of the Silverdome. A lanky 40-year-old with boyish features, Ford looks a tad out of his element on this turf of cleated gladiators. But it's clear during the season opener against the Atlanta Falcons that the man known as Bill Jr. feels right at home. As the Lions star running back Barry Sanders lopes out onto the field, Ford reaches out for an exuberant high five and pumps his fist in the air triumphantly. "I love game...
High-fiving football legends is the perquisite of rich guys like Ford, who can afford to play with toys such as the Lions, where he is vice chairman of the family-owned franchise. But Bill Jr.'s sporting days may be coming to an end. The Fords are, after all, a clan of industrialists. And company insiders have told TIME that the board of directors will soon name Bill Jr. to succeed Alex Trotman as chairman at the end of 1999, when Trotman retires. Although naming a Ford to head the company sounds like a nonevent--the family still controls...
Quarterbacking a company as large and complex as Ford might seem out of Bill Jr.'s league. His tour through the automaker's ranks has been much abbreviated, and while his track record as a manager is solid, it probably wouldn't merit such a promotion were his last name not Ford. But Bill Jr. won't be alone at the top. According to executives familiar with the situation, the board will also make Jacques Nasser, now president of automotive operations, the next ceo. It's a plan that balances the long-term interests of the Ford family...
This time it is once acclaimed director Francis Ford Coppola who has been swept up in the heavy-handed moralistic mess that is John Grisham's The Rainmaker. And he's inexplicably proud of it too. He puts the author's name in front of the title as if to warn us before the movie even begins: "This is a Grisham movie! Watch Coppola go mainstream!" Indeed, he keeps his promise: for Godfather fans, John Grisham's The Rainmaker is painful to watch...