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...more predictable. Nader denounced U.S. corporations as "legal Frankensteins" that usurp human rights; a local labor leader declared a union war on business. In the National Visitor Center Gallery at Union Station, a "Corporate Hall of Shame" was erected for eleven companies, including Exxon, Citicorp and Du Pont...

Author: /time Magazine | Title: Business: Nader's Antibusiness Bust | 4/28/1980 | See Source »

...response from business was irritation, self-defense and what amusement it could afford. Du Pont Chairman Irving S. Shapiro called Big Business Day "an ideological Woodstock." Mobil Vice President Herb Schmertz said it was "demonstration by press release." The U.S. Chamber of Commerce covered the front of its Washington office with gigantic American flags and probusiness signs. "This is obviously a self-serving day by Ralph Nader and some labor leaders," said President Richard Lesher. The conservative Heritage Foundation declared April 17 "Growth...

Author: /time Magazine | Title: Business: Nader's Antibusiness Bust | 4/28/1980 | See Source »

...company in the family's interest. Mosley details how this proud man was genuinely aggrieved and confounded when a government committee led by Alger Hiss investigated du Pont's World War I activities and accused them of gross profiteering. He simply could not fathom the criticism. In his mind had it not been for du Pont's efforts, the allies would not have had enough gunpowder...

Author: By Esme C. Murphy, | Title: Tending the Family Business | 4/14/1980 | See Source »

...quite a few leaders of the class of the '70s are about to make their valedictory. "We are all getting close to retirement age," says Shapiro, 63, who in 15 months has to leave the chairmanship of Du Pont, the chemicals colossus. "It will be a challenge for companies to produce the same kind of group in the 1980s...

Author: /time Magazine | Title: Executive View by Marshall Loeb: The Corporate Chiefs' New Class | 4/14/1980 | See Source »

...Roundtable, which has replaced some more regressive groups as the premier public policy arm of corporate America. A few years ago, his peers selected Irv Shapiro to head the Roundtable. When Shapiro, who is a Jew, a Democrat and a lawyer, was chosen in 1974 as chairman of Du Pont, which had been led by Christian, Republican, financial and technical men, it seemed that almost any American could hope to become chief of almost any U.S. company...

Author: /time Magazine | Title: Executive View by Marshall Loeb: The Corporate Chiefs' New Class | 4/14/1980 | See Source »

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