 13th May
May 13th 1980
Douglas A. Fraser, president of the UAW, named to Chrysler Corporation Board of Directors, first union representative ever to sit on board of major U.S. corporation; 1982 - faced with Chrysler's imminent collapse, Fraser traded millions of dollars in union guarantees (to save jobs) for options on Chrysler stock; Chrysler turnaround rewarded union.
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Still! Living Life a quarter mile at a time.....post being Dad. |