Word: iacocca
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Russell adds that if New York Gov. Mario Cuomo chooses to endorse Dukakis, as has been rumored, Dukakis could pick up even stronger support from Italian communities like the neighborhood along Cambridge St. "He'll have East Cambridge unless Lee Iacocca comes into it," she says...
...Iacocca can understand why Wisconsin is called the Badger State. Its citizens and Governor Tommy Thompson have been in an uproar since Chrysler decided in January to shut down an 86-year-old assembly plant in Kenosha, which would put 5,500 employees out of work. Last week Iacocca offered a peace plan: a $20 million education-and-housing fund for the workers, to be financed by profits from new Chrysler vehicles sold in Wisconsin this year. Meeting with Thompson in Washington, Iacocca said he would consider keeping the plant open a few weeks or months longer than its planned...
...BOOK is jam-packed with fascinating rules of thumb from a bygone age. Read Iacocca's book and you'll get nothing but attitude and abstraction. Iacocca would probably tell you to keep your money in real estate or mutual funds. But poker player Johnny Moss has more practical advice: keep your cash in a wad with a rubber band around it--"so's you can throw it in the bushes case you're hijacked...
Prompted in part by the gyrating market and bleak sales prospects, Chrysler and General Motors said they would accelerate their cost-cutting campaigns. Noting that some people may now decide to put off the purchase of a car, Chrysler Chairman Lee Iacocca announced that his company would speed up previously planned efforts to reduce its payroll. Iacocca intends by the end of the year to trim 3,500 white-collar employees from Chrysler's salaried work force of 38,000. In addition, the company will suspend production at an assembly plant in St. Louis for two weeks this month...
...Soviets had a taste of the outside world during the era of detente, it was meager fare compared with the highly seasoned feast the Chinese have come to enjoy. Sidewalk bookstalls in provincial Sichuan now offer readers the autobiography of Archcapitalist Lee Iacocca, selected writings of Sigmund Freud, Harold Robbins' 79 Park Avenue and lavishly illustrated handbooks on how to apply eye makeup. Former students of English gather at twilight by the banks of Chengdu's Jinjiang river to practice their fractured grammar. The flashing sign above the dance floor at Guangzhou's luxury Baiyun Hotel actually reads WELCOME...