Iacocca Sails Toward Personal Gains Amid Chrysler Profit Drop
Lee Iacocca, Chrys ler Corp. chair and CEO, earned 1985 salary of 1.62 million dollars, up 35 percent from 1984, while Chrysler profits fell 31 percent. He also holds stock options totaling about 1.4 million shares. The piece notes past salary sacrifices and warns against expecting auto price cuts or reform from him.
MENTIONED IN THIS ARTICLE
Chrysler Corp
Lee A. Iacocca
Chrysler
Iacocca
Wall Street Journal
Lee Iacocca
Majority view on South Africa sparks debate over reform
Excerpted remarks discuss progress toward a Western-style economy and mixed policies. Chief Gatsha Buthelezi defends Zulu leadership and warns sanctions may harm a democratic transition. Desmond Tutu calls for punitive sanctions, while critics mock his unappointed status and influence.
MENTIONED IN THIS ARTICLE
South Africa
Johannesburg
Cape Town
Africa
Walter Williams
Desmond Tutu
Interna
Bishop Tutu
Buthelezi
Tutu
Georgia admission favoritism in athletics prompts call for self reporting
The University of Georgia investigation found a four year pattern of favoritism in admissions and advancement of athletes. Administrators including the president Davison denied involvement though others claimed awareness. The report cites a Developmental Studies lab used to bypass standards and urges NCAA to require periodic self reporting.
MENTIONED IN THIS ARTICLE
Regents
University of Georgia
Fred C. Davison
U.S. Commissioner of Education
Georgia
NCAA
Davison
Tax-exempt bonds should stay but with reform
Senate Finance Committee rejects extending a minimum tax to existing tax-exempt municipal bonds and urges limiting the exemption to original purposes. The piece argues the tax break subsidizes bondholders and wealthy buyers while failing to ensure funds support public goods, urging reform to curb private use and boost efficiency.
MENTIONED IN THIS ARTICLE
Senate Finance Committee
Washington
Robert Packwood
Congress
A Practical Case for Humane Punishments in Crime
Ashley Cooper argues prisons crowding should spur humane penalties for nonviolent offenders. He suggests shaved heads, uniformed convicts, and convict stamps as cheaper options, plus outside freedom with strict supervision, to reduce jail costs while preserving public safety.
Also Mentioned on This Page
Tional Community
Los Angeles Times Syndicate
The
Sacramento Bee
By Stephen Chapman
Joe
Cicero
Dukes
France
Joanie
Duke
Ashley
By Ashley Cooper
Tively
FBI
United States
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