Word: frasers
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...with the car and truck manufacturers this summer, the United Auto Workers intend to drive right over President Carter's wage guidelines. This was made clear by the 3,500 delegates who crammed Detroit's Cobo Hall last week for a special convention to sort out contract demands. Douglas Fraser, the U.A.W.'s blunt president, vowed to ignore the guides when negotiations begin on the new contract (the current one expires Sept. 14). Thundered Fraser: "The Teamsters bent the hell out of the guidelines. I don't believe the 7% is a reality any more." The whole anti-inflation program...
...does not look very lively, after the Teamsters won wage-and-benefit increases that stand to amount to 31%% over three years. Naturally, the 1.5 million member U.A.W. would like to match the Teamsters' sweet deal. Fraser contends that the President's guidelines restrain wages while allowing prices and profits to rise. Angered by the Government's intervention in the Teamsters' negotiations, he warned against interference by Carter's arbiters during the U.A.W. talks. Said Fraser: "My advice is that they should stay the hell away and let us settle with the auto companies by ourselves. They will...
Behind the door, talks may focus less on higher wages than on another goal. Declared Fraser: "Cost of living protection for retirees will be the No. 1 priority demand for the U.A.W...
...their chief share the glory with a potential rival for the presidency. They were decisively overridden by Vance, who insisted that Kennedy be seated among the 130 invited guests, who included Mondale, Kissinger, congressional leaders, Harvard Sinologist John Fairbank, Writer Theodore White, United Auto Workers President Douglas Fraser...
What do Chase Manhattan Chairman David Rockefeller, McGraw-Hill Vice President Wesley Fraser and boardrooms full of other executives, male and female, have in common? Several times a week they pull on sneakers and sweatshirts to spend an hour or so in the company gym, puffing on a jogging track or pumping away on a stationary bicycle. Employer-sponsored exercise is fast becoming an integral part of the workaday world, as businesses recognize that their financial health can depend on the physical health of key employees as well as on the condition of plant and equipment...