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Article of clothing you can’t live without: Du-rag and FAM Inc. Button-Ups (coming to a store near...
FROM THE BEST YEAR OF THEIR LIVES: KENNEDY, JOHNSON, AND NIXON IN 1948: LEARNING THE SECRETS OF POWER, BY LANCE MORROW. COPYRIGHT ©2005 BY LANCE MORROW. TO BE PUBLISHED BY BASIC BOOKS INC...
...understanding that they in return would pour millions into DeLay's favored causes and candidates. In addition, he threatened to shut out lobbying shops that employed Democrats. In Washington that seamless coordination between his office and the lobbying corridor of K Street has become known as DeLay Inc. It developed the muscle to push or block pretty much everything DeLay asked for, from protecting tax breaks for low-wage garment manufacturers on the Northern Mariana Islands (where DeLay spent New Year's Day 1998 with his wife and Buckham) to creating a Medicare prescription-drug plan that critics...
...Stringer's appointment-with its implicit acknowledgment that there was no Japanese sufficiently qualified to lead the company-is evidence of how hard Japan Inc. now finds it to pull off the double act that Morita once handled so well. To an extent, the troubles of corporate Japan are a function of a long period of economic stagnation. During the boom years of the 1970s and '80s, Japan Inc.'s single-minded focus on engineering and process development-not to mention a resistance to foreign ideas-were hallmarks of the country's rapid economic progress and a source of national...
...taken as a whole, Japan Inc. remains one of the most insular corporate cultures on earth. Over the past 15 years, plenty of Western management practices, investors and executives have been tried, with mixed results. For every Ghosn, who is now a national hero for saving Nissan, there is a Rolf Eckrodt, the DaimlerChrysler executive who failed to turn around Mitsubishi Motors. For every Ripplewood Holdings, the U.S. investment firm that bought out and successfully relaunched the bankrupt Long-Term Credit Bank as Shinsei Bank, there is a Carrefour, the French retailer that is withdrawing from the country after just...