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Lee Iacocca & Chrysler Bailout

POV from full gallery, taking notes; adult Caucasian males leaning against lower level dais taking photographs; House Representatives seated in BG. Lee Iacocca (o/s) states he is not a miracle worker, but hopes to pull one off today. He comes before the House Subcommittee on Economic Stabilization to ask for assistance in helping Chrysler Corporation. He speaks for all Chrysler workers and their families. He is aware of the grave responsibility placed upon him. Iacocca: "It is not, as was reported in most of the media, to ask for a handout. It is to request a helping hand. We do not want anything for free We're asking for the guarantee of a loan. Every last dollar of which will be repaid." Iacocca states this chosen course was of last resort, that he would "rather not be here at all" and is a strong advocate of free market economics.
POV from full gallery, taking notes; adult Caucasian males leaning against lower level dais taking photographs; House Representatives seated in BG. Lee Iacocca (o/s) states he is not a miracle worker, but hopes to pull one off today. He comes before the House Subcommittee on Economic Stabilization to ask for assistance in helping Chrysler Corporation. He speaks for all Chrysler workers and their families. He is aware of the grave responsibility placed upon him. Iacocca: "It is not, as was reported in most of the media, to ask for a handout. It is to request a helping hand. We do not want anything for free We're asking for the guarantee of a loan. Every last dollar of which will be repaid." Iacocca states this chosen course was of last resort, that he would "rather not be here at all" and is a strong advocate of free market economics.
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DETAILS

Editorial #:
1436775657
Collection:
Archive Films: Editorial
Date created:
October 18, 1979
Upload date:
License type:
Rights-ready
Release info:
Not released.ÌýMore information
Clip length:
00:02:43:03
Location:
Washington, DC, United States
Mastered to:
QuickTime 8-bit Photo-JPEG SD 720x576 25p
Source:
Archive Films Editorial
Object name:
546271_1_2