Word: german
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Dates: during 1960-1969
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There was nothing nostalgic about what happened in the ladies' luge competition: a clear case of cheating-and stupid cheating at that. Ranking first, second and fourth going into the final run, a trio of East German women tried for a little extra edge by illegally heating the runners of their sleds. They were caught and disqualified...
MERGERS A German Solution For '20 years, Europe has been a good shopping ground for wealthy and resourceful U.S. corporations seeking to acquire other firms. This month one such U.S. corporation bent on buying out a German company was thwarted by a remarkable emergence of national feeling. Cologne's Klockner-Humboldt-Deutz, producer of tractors, diesels and trucks, triumphed over the U.S.'s Inter national Harvester for control of Maschinenfabrik Fahr, manufacturer of West German farm equipment...
...Fahr family and their 4,000 employees wanted an American owner to take over the 98-year-old company. They remembered only too well what happened to Heinrich Lanz AG, which in 1956, at age 97, was bought out by the U.S.'s Deere & Co. Deere replaced the German management, struck the Lanz name from products, disregarded the labor union - and has almost consistently lost money on Lanz...
...delight of their countrymen, the Fahr family agreed on what newspapers proudly trumpeted to be a "German solution." Rejecting International Harvester's generous bid, Fahr accepted Klockner's offer of about $60 a share for enough stock to give it 51% control of the company...
...subject matter, there is the expected melange: the French moodiness of assorted epochs, German Idealism, the early Lukacs and the sad, grey condition of Eastern Europe. The formal discussion of ideology takes up less than 50 pages, albeit 50 dense pages. Though many of the succeeding essays illustrate points raised in the initial section, none does so in the least systematically...