How I bailed out Chrysler Corporation
An Iacocca memoir excerpt recounts the 1979 push for government loan guarantees to save Chrysler. He details the hearings, political resistance, and calculated pressure that won House and Senate support, the 1982–83 turnaround, and the decision to repay the loan seven years early, with reflections on free enterprise.
MENTIONED IN THIS ARTICLE
Iacocca
Congress
Chrysler
Lee Iacocca
William Novak
Chrysler Corporation
Congressional
Senate
House
Loan Guarantee Board
Washington
Dole
Auto and Oil Markets Shift as Stocks Fall
Auto sales rose 3.3 percent in March 1 10 from a year ago amid incentives. Britain plans to abolish the National Oil Corp. and pressure OPEC on prices. Coastal and American Natural Resources near a $2.5 billion gas network deal. Kodak to buy Verbatim for 174.9 million while Computervision slides. Stocks, bonds drop as Dow falls 10.05 to 1261.70 and volume rises.
MENTIONED IN THIS ARTICLE
Britain
British National Oil Corp
OPEC
ANR
Coastal
American Natural Resources
Kodak
Computervision
Video piracy fears prompt new tape protection efforts
Engineers backed by movie and cable firms race to curb home taping as MIT researchers unveil a system to render recordings unwatchable while Macrovision markets a similar approach. Industry leaders warn of continued hacking by determined infringers despite emerging safeguards and legal constraints.
MENTIONED IN THIS ARTICLE
Macrovision of
San Jose
Calif
Massachusetts Institute of Technology
Andrew Lippman
MIT
Media Laboratory
Also Mentioned on This Page
National Press Club
Henry Ford
New York, NF
Bantam Books
Etcetera
Video Week
Victor Farrow
Supreme Court
Electronic Industries Association
Motion Picture Export Association of America
Allen Cooper
Motion Picture Association of America
Farrow
Federal Reserve
Iahail
Loggers
Vienna
Highway
East Perry Lumber Co
Dave Zmuda
Herrin High
East
Monroe
Herrin
FBI
MARION _FOROD
Mercury
Rangers
Tempos
Topaz
New Rt
West
Marion
Bacardi
Johnnie Walker
Stag. Busch Strohs
Kentucky Tavern
Riunite
Spumante
Wal-Mart
E. Main
Carbondale
Jackson Square
Murphysboro
Walmart
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!