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NBC REPORTS: IACOCCA: AN AMERICAN PROFILE (TV)

Summary

This documentary special, hosted by reporter Tom Brokaw, profiles American businessman and Chrysler Corporation CEO Lee Iacocca.

Topics covered include: Iacocca's business acumen and why he is "the worst loser in the world"; how he orchestrated Chrysler's revival with help from a $1 billion loan from the government, which he now intends to pay back far ahead of schedule; his conflict with the Reagan administration over the ownership of now-valuable Chrysler stocks; his strong dislike of a "political atmosphere"; the significant impact of his memorable July 1978 dismissal from his position as president of Ford Motor Company; how his strong Catholic faith affects his morality and business views; a sense of accountability to his many employees, including those laid off during Chrysler's near-collapse; his ongoing negotiations with the labor union members, who desire a new contract and better benefits since the company is again flourishing; his creation of a new sports car to appeal to younger customers; the "military quality" of his plant managers, who are often forced to deal with severe time constraints and a lack of parts; competition from prominent Japanese and German auto companies; how his immigrant parents' strict demands for his academic success positively influenced his business savvy; his family life with his two daughters and the recent death of his wife, Mary McCleary; his ongoing resentment toward former boss Henry Ford because of the circumstances of his 1978 firing; his reaction to receiving a "cold-shoulder" reception from disgruntled workers, one of whom points out that "no chairman of the board is a friend of the trade union," at a St. Louis plant; Iacocca's speech at a Las Vegas dealer convention; positive feedback from strangers who have drawn personal inspiration from his perseverance to revive Chrysler; and why the "fire in (his) belly" has been largely "quenched." Commercials deleted.

Preservation of the Post–World War II American Television Documentary Collection is supported in part by a Federal Save America’s Treasures grant administered by the National Endowment for the Humanities.

Details

  • NETWORK: NBC
  • DATE: January 29, 1984 7:00 PM
  • RUNNING TIME: 0:49:50
  • COLOR/B&W: Color
  • CATALOG ID: B:38218
  • GENRE: Public affairs/Documentaries
  • SUBJECT HEADING: Public affairs/Documentaries; Biography; Businessmen; Labor unions
  • SERIES RUN: NBC - TV, 1984
  • COMMERCIALS: N/A

CREDITS

  • Tom Spain … Producer, Director
  • Jewel Curvin … Associate Producer
  • Smokey Forester … Field Producer
  • Tom Brokaw … Writer, Reporter
  • Lee Iacocca … Interviewee
  • Harold Sperlich … Interviewee
  • Henry Ford
  • Mary McCleary
  • Ronald Reagan
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