Word: roughnesses
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Iacocca, who has always been viewed more as a charismatic leader than as a hands-on manager, seems to relish the crisis. While Chrysler's road will be rough, the company is in far better shape than it was when Iacocca took over in 1978. This time Chrysler will benefit from its diversification into financial services, which provided $284 million in profits last year, and from its rapid expansion into Europe. By selling Gulfstream, 45% of its shares in the Japanese automaker Mitsubishi and other assets, Chrysler will generate more than $2 billion to add to its cash kitty...
With this weekend's Eastern Championships at West Point approaching on the horizon, the Harvard men's swimming team went through some unexpectedly rough waters last weekend...
Leland, who currently teaches at Bennington College in Vermont, said in a telephone interview Saturday that the rough draft of his first comic novel took him only six weeks to write. Leland, who started the book in the spring of 1988, at the end of his lectureship at Harvard, said the story "told itself...
Like Tom Wolfe's The Bonfire of the Vanities, London Fields should excite the love-it-or-heave-it reflex. Those whose sensibilities were tousled by Wolfe's rough treatment of New York City will be put off by Amis' pitch-black satire about the other sagging capital of the English-speaking world. But those who found Bonfire's incendiary social commentary amusingly accurate should spontaneously combust over Amis' latest export...
After unification, East Germany will adopt West Germany's market-oriented economy, and the going could initially be rough for East German companies and workers. Aging and inefficient East German industries like automobile manufacturing, which produces the pathetic 26-h.p. Trabant, will face competition from modern, powerful West German counterparts like Daimler-Benz. This could cause widespread factory closures and job losses, which never happened in the old centrally controlled East German economy. A report by the European Community leaked two weeks ago estimates that East Germany, which now has a worker shortage, could have 15% unemployment -- 1.2 million workers...