One tidbit concerning Chairman Lee's last name -- a joke at the time he
took over Chrysler was that IACOCCA stood for: I Am Chairman of Chrysler
Corporation America.
> No. Mike, this all happened way before the new Ram truck.
>Actually, what happened is that Lee Iaccoca (sp?), who was hired from
>Ford, and actually knew how to run a company, came in and reorganized
>Chrysler. This was where the first real "downsizing" took place, I
>think. And last, but certainly not least, there were huge loans from the
>federal government to bail them out. In fairness, as I recall the story,
>Chrysler paid the loan back, early, and w/ interest. Apparently, the
>gov't had some interest in keeping the third of the "big three". If
>there were only the big 2, then you might have all kinds of monopoly and
>anti trust problems. Three makes it competitive, as it were. If it
>weren't for Lee, then we'd not have those fine looking trucks. PS-Mine
>was made in Mexico.
> In order not to offend the list police, I have a Dodge Ram pickup
>and used it to haul Bob Allen's MG C home from St. Louis, when it quit,
>stopped, made funny noises, and became generally useless. That is the
>obligatory LBC content. Pppppffffffftttttttt!!!
>
>Larry Dickstein
>bugide@juno.com
>
>There is no problem that cannot be solved
>with either a checkbook or high explosives.
>
>On Tue, 02 Dec 1997 02:35:49 -0800 Mike Lishego <mikesl@tartan.sapc.edu>
>writes:
>>John McEwen wrote:
>>> To think that the greatest auto and
>>> motorcycle names of Britain are dead and gone - Austin and Morris,
>>BSA and
>>> Norton - is a sad commentary on the history of a great nation. No
>>other
>>> country stood by and witnessed such an amazing loss.
>>
>>That's where I might have to differ on this argument. Didn't Chrysler
>>almost
>>disappear in the late eighties/early ninties? I remember hearing
>>rumours about their
>>demise, but no talk of what would be done. Thankfully, they pulled
>>themselves up by
>>the bootstraps and built the new Ram trucks. If I'm wrong, please
>>correct me, this
>>is only what I had heard at the time.
>>
>>Oh yes, please don't think for a second that I'm trying to compare
>>Chrysler with
>>Austin. I might be dumb, but I isn't stupid.
>>
>>--
>>Michael S. Lishego
>>St. Andrews Presbyterian College
>>Elementary Education Major,
>>English Minor, Class of 1999
>>R.A. of Winston-Salem Hall
>>
>
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