Word: gulfstreams
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...little like an opposing general inspecting enemy lines, as Chrysler Chairman Lee lacocca flew off to Japan last week aboard his company's Gulfstream II. The first objective was Mitsubishi Motors, with which Chrysler has for some time wanted to set up joint production in the U.S. lacocca and Mitsubishi President Toyoo Tate announced that the companies in 1988 will begin making a small car in a plant to be built in the Midwest or South. The project will cost $500 million, turn out 180,000 cars a year, employ 2,500 autoworkers and create as many...
They also got a rock star. While most HP executives practiced invisibility, Fiorina led from the front. She came from sales, not engineering, and she looked the part, from the tailored clothing to the new Gulfstream jet she was soon using. "I told her that rock stars were probably not going to be accepted by a culture that's understated, a bunch of engineers," says Hagberg. "She's a salesperson, and she liked the limelight." But Fiorina kept her distance. Unlike her predecessors, she rarely ate lunch in the cafeteria or mingled with HP staffers. "She rubbed...
Traveling in the Gulfstream corporate jet with Lewis was Luca Sala, then a managing director of Bank of America in Milan who worked on some of the bank's transactions for Parmalat. Less than a month later, the bank fired him for allegedly fiddling his expenses. He immediately began work for Parmalat. Ferraris says he needed Sala's help to understand a $400 million private-placement setup for Parmalat...
...canvas tent outside the state capitol, surrounded by sculptures and pictures of himself, the self-described “biggest star in the world” shares Cuban cigars with assemblymen from places like Oxnard and Fullerton. Occasionally, he even offers them rides back to their districts on his Gulfstream jet, and lets them bask in the light of his Hollywood-produced 67 percent approval rating in front of a hometown crowd, and to glowing media reviews...
...Traveling in the Gulfstream corporate jet with Lewis was Luca Sala, a managing director of Bank of America in Milan who worked closely on some of the bank's transactions for Parmalat. Less than a month later, the bank fired him for allegedly fiddling his expenses, so he immediately took a new job - with Parmalat. Ferraris says he needed Sala's help to understand a complex $400 million in financing provided by big institutional investors in the U.S. Sala, 40, has since confessed to magistrates that he received more than €20 million in commissions from Parmalat for helping...