“I think we are doing enough to help ourselves. You just watch us. You will see a lot of action at Chrysler. You will see better cars and you will see better service and better quality,” he promised.
Thus spake Lee Iacocca, chief executive of Chrysler, seeking a federal bail-out in October 1989. Sounds familiar.
Mr Iacocca's eponymous memoir ends, after fierce tussles with critics who tried to stymie federal loan guarantees, with Chrysler put back on its feet by the US taxpayer.
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