Word: weinberger
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...investment fund it launched was one of the era's biggest disasters.) Goldmanites had no choice but to stick together and look to the long run. The firm's now pilloried entwinement with Washington (some call it Government Sachs) began in those days too, after managing partner Sidney Weinberg made the rare-for-Wall Street move of backing Franklin Roosevelt in 1932. That led to a key role for Weinberg in the World War II industrial-mobilization effort, where he got to know top executives at every major manufacturing firm in the land. After the war, these executives began...
Nearly 80 years ago, around the time a Kansas-born carmaker was putting his name on the newest, tallest, shiniest building in the world, a young auto mechanic named Morris Weinberg opened a repair shop on busy Brooklyn Avenue in Kansas City, Mo. As he modestly prospered, fixing and selling used cars, Weinberg dreamed that his son would enter the auto business. Not used cars, though - new cars. Sleek and powerful cars, like the ones built by Walter Chrysler's company. And that's how Steve Weinberg, with his father's savings to stake him, came to open a Dodge...
...panel truck pulled up to Weinberg Dodge bearing a letter from Chrysler, informing Morris Weinberg's son that his career in the new-car business would be over in about three weeks. There wasn't much in the way of explanation, but it comes down to this: Chrysler's sales can't support a dealer network built for another era. (See the 10 milestones on the way to GM's bankruptcy...
...conspire to bankrupt once great companies, who pays? The sort of person, in the words of Tennessee Senator Bob Corker, "who ran a profitable business, civic leader, always responsible," who "very unfortunately" is "going to take a lot of pain" for the mistakes of others. A guy like Steve Weinberg. "It breaks your heart," says the Senator. (See the 50 worst cars of all time...
...being but Anna’s creation made for her VES project.” The band will be part of Saturday’s “Performance Fair,” a four-hour multi-venue event featuring over 100 specific performances. This idea, according to Matt Weinberg, the Associate Project Manager for Arts First, came from actor John A. Lithgow ’67. Weinberg contends that the Queen’s Head is an ideal venue for alternative artistic performers like Captain and Captain and Captain and Tennille and rock bands and stand-up comedians...