Word: memoed
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Dates: during 1970-1979
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...Memo From Turner...
...most shocking news comes from Ford Motor's upper reaches, where glum executives are circulating a confidential memo projecting that the firm will lose just over $1 billion on its North American auto operations this year and probably the same in 1980. The estimated losses had been raised by $160 million in just the past few weeks. Ford will stay in the black only because of its healthy foreign and nonautomotive business, but in the auto trade at home, it is losing almost as much as Chrysler...
...memo suggests that Ford might increase profits by loading well-selling models like the subcompact Fiesta and Courier minitruck with expensive options that customers would be forced to accept, and putting on less costly tires. Ford is also attacking internal costs by cutting executive business travel by 50% and symbolically dropping free coffee at company business events and eliminating all magazine subscriptions...
...author of the memo--who reveals himself only as R.U.C.--ominously ends the report with the words "steps will be taken...to make Kissinger a Confidential Source of this Division...
...participants" who showed him their letters. Kissinger says now he "does not recollect" calling the FBI. How then does he explain the official evidence, which is stamped "Security Information" and printed on United States Government stationery? Hyland reports that Kissinger contends the FBI would never release such a memo about him to anyone else because the Freedom of Information Act only permits the release of records on a specific person to that individual alone. Diamond says he filed under a subject--Harvard University-- rather than a name, and so had every right to read the documents...