Word: okura
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Dates: during 1970-1979
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...August 20, 1972, A.C. Kotchian, president of the Lockheed Corporation checked into a suite on the tenth floor of the Hotel Okura in Tokyo and set in train the events which were to lead to the biggest scandal in the post-war history of Japan; his own dismissal along with that of Daniel Haughton, chairman of the board of Lockheed; and the most profound reconsideration in the United States of corporate morality, power and influence since the Teapot Dome scandal of the early 1920's. But the Lockheed affair, as it unfolded on a worldwide stage, is more than...
What precisely did Mr. Kotchian do when he set up his command post in the Okura Hotel? In a remarkable five-part interview in the Asahai Evening News, he outlined the Lockheed sales campaign in detail. The crux of the problem for Lockheed was to persuade All Nippon Airlines to postpone a decision to buy the McDonnell-Douglas DC 10 and then arrange for All Nippon to buy the Lockheed Tristar, instead. In order to accomplish this objective, Kotchian undertook to penetrate the very top level of Japanese political decision making. He enlisted the aid of Lockheed's secret agent...
...Common Market tariffs and a curious lack of support from everyone in Washington, D.C., except Betty Ford, American manufacturers sell few clothes in Europe. In Japan, by contrast, the American look has taken the country by storm. While Oscar de la Renta showed his new collection at the Hotel Okura last week, Calvin Klein's Japanese-made line was selling like sushi at Isetan department store, Tokyo's Bloomingdale's. Kashiyama, one of Japan's biggest garment manufacturers, uses a computer system to adapt John Meyer designs to the Japanese figure. Other companies have signed about...
...American tourist cashing his traveler's check at Tokyo's Hotel Okura got a bundle of good news. Each of his dollars bought 280 yen, 15 more than the going rate just two weeks before. "The difference isn't much," he smiled, "but suddenly I feel a hell of a lot better. The good old U.S. dollar is getting back to where it should be-the world's best money...
...foreigners to buy. But devaluation will also aggravate American inflation-how badly no one can yet tell-by pushing up the prices of imports. In addition, American travelers will have to spend more on foreign trips; for example, the price of a single room in Tokyo's Hotel Okura last week was $27.75, v. $24 the week before and $22 in late...