Word: petered
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Coming up with exciting designs will be crucial to Ford's success. Until recently, with the exception of a new Mustang, an instant hit, Ford has failed to produce cars that have energized the market. Peter Horbury, the company's director of design and Volvo's former design chief, whom Ford brought to Detroit in 2004, was stunned by Ford Motor's rulebound ways. "I told the designers to just get on with what they were doing," he says, "and they looked at me terrified, like, What does that mean?" The designers were so used to following orders that Horbury...
...assistant secretary of commerce for export administration, Peter Lichtenbaum, announced the changes at a meeting last Friday, according to Harvard’s senior director of federal and state relations, Kevin Casey...
...most institutional investors and analysts, inside and out of Japan, are quick to note that Livedoor is not a large company, even by Japanese standards, and, therefore, they argue that the ?Livedoor Shock? now consuming Japan risks blowing the economic impact of the company?s woes out of proportion. Peter Morgan, Chief Economist for HSBC Securities in Tokyo calls Livedoor a symbolic battle and a specific case that has little implications for the rest of the economy. ?The economy is better now than it?s been for quite some time,? he says. ?The fundamentals still look pretty good...
...sign of that so far, ?but if Livedoor had that brilliant idea, it?s possible that other companies might have had similar thoughts.? For now, however, most analysts TIME contacted contend that Japan?s stock market, its economy, and the financial reporting controls are fundamentally strong. In fact, Peter Tasker, an economist at Dresdner Kleinwort Wasserstein in Tokyo, maintains that the ?Livedoor Shock? could be seen as a long-overdue correction to the speculative froth that powered the Japanese stock market to a 40% increase last year. With additional reporting by Ilya Garger/Hong Kong and Toko Sekiguchi/Tokyo
When his alarm clock sounds at 6:30 a.m. each morning, Peter J. Gomes considers sleeping in until...