Word: iacocca
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Dates: during 1980-1989
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...Iacocca's pleading is not what caused me to make a contribution to the rebuilding of the Statue of Liberty. It was remembering that cold February day in 1923 when my steamboat entered New York Harbor and I bounded up on deck to get a good look at the old girl as she greeted...
...York primary, Cuomo is not about to turncoat. Nor would most of the delegates want to embrace such an untested, unknown prospect. Various other names float about: Party Elder Robert Strauss, Former California Governor Jerry Brown, Massachusetts Senator Ted Kennedy, Arkansas Senator Dale Bumpers, even Chrysler Chairman Lee Iacocca. But all carry liabilities of either too little reputation or too much, and none have paid the same dues on the campaign trail as Mondale, Hart or Jackson. Says Texas Party Chairman Bob Slagle: "Our folks really believe in sweat equity. If you sweat for it, you get our first consideration...
...first such payout in five years. As part of the Washington bailout, Chrysler workers were given stock in return for wage concessions. Since the average worker now owns 159 shares, the 150-a-share dividend will mean about $24 each for 68,000 Chrysler employees. Chairman Lee A. Iacocca, with as many as 565,000 shares, will be a particularly big winner: an estimated $85,000 in dividends...
While U.A.W. members are trying to win back concessions made to automakers during the recession, Chrysler directors last week offered Chairman Lee A. Iacocca, 59, a generous package to stay on the job. Of course it was Iacocca who turned give firm from near bankruptcy to profitable vigor. The board voted to give Iacocca 150,000 Chrysler shares if he remains another three years, and 50,000 more if he stays a fourth. Directors also approved options that allow him to buy 400,000 more shares later at $28. If Iacocca exercised them, and the stock rose another ten points...
...staggering inroads that imports continue to make in our domestic markets have created a sense of great urgency for a national industrial policy." Growing numbers of business executives, particularly those whose companies are most threatened by foreign competitors, are taking up the cause. Says Chrysler Chairman Lee Iacocca: "Industrial policy is not just a Democratic ploy...