Word: frasers
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...defeat is also a rebuke to U.A.W. President Douglas Fraser, who led the team of union bargainers that negotiated the contract. Fraser, 65, who will retire next May as head of the union, had not been optimistic about ratification because he was aware of the frustration and bitterness felt by many workers. Said he: "I'm disappointed by the outcome, but not shocked...
...contract rejection is a major defeat for retiring UAW president Douglas Fraser. Fraser, who under the terms of the 1979 deal became a member of Chrysler's board of directors, labored vigorously to persuade workers that the company was still shaky and needed more relief in labor costs. With almost 40,000 Chrysler assemblers on layoff, that job-saving plea should have made sense to the men and women still at work...
...Fraser's pitch ran into conflicting arguments from an unlikely source--Chrysler Chairman Lee A. lacocca. During the Chrysler UAW negotiations, the former Ford executive apparently developed what one local president called "terminal diarrhea of the month," and boasted that rising sales and the recent sale of Chrysler defense factories had left the corporation rolling in the dough. Iacocca's claims may have stoked investor faith in Chrysler stock, but they in turn raised if the company was in such great shape--they weren't reaping the economic benefits rather than being asked to sacrifice even more...
...Mass Hall colleagues, legal minds. Both are low-key and reflective when making decisions and are careful to prepare for even the least likely eventuality. Like Bok, "he believes in what he says, and there's no need to stand up on a table and shout it," says Dianne Fraser, a Harvard negotiator who works with Steiner. As a result, says Financial Vice President Thomas O'Brien: "He's more like the president than the rest...
...same time, Fraser recognizes that unions cannot just stand still and hope that their problems will go away. While working to safeguard the benefits of his members, Fraser is willing to accept change. Says he: "Automation and robots are an inevitable trend. You can't resist the introduction of robots or else you forget all about competition with the Japanese. But it has to be done in a rational, civilized...