Request for Commemorative Speech on Lee Iacocca with emphasis on his keen sense of business with the “pony” car the Mustang that brought Ford back to the top and his bail out of Chrysler.

The announcements will cover advertisements that can be seen in more or less 2 ,600 newss that could get into most of the households in the country . It can also be seen in the top magazines expecting a Mustang will also be featured in televisions wherein there will have a sponsorship of sitcoms in three major television networks during primetime , specifically between 9 :30 to 10 . Eastern Standard Time . There is also an expectation that the visibility of Mustang in television will reach the homes in the country which comprise 29 million of

the population . Finally , they planned to fit the Mustang into their program of performance events (Auto Stuff Works ) And sure to it , the people took the bait and made Mustang a huge success and was later called America 's best-loved sporty car . With the monstrous success of the Mustang , Lee was promoted to become Ford 's president on December 10 1970 (Swinfin , 2000 . Several projects of Lee were also successful such as the Pinto . Despite the triumphs , Lee began having problems at Ford He and Henry Ford II had been having misunderstandings and contestations . Because of this , he was removed from Ford in July of 1978

Chrysler took this opportunity Lee agreed and joined the company on November 2 , 1978 . He then realized Chrysler was in a serious crisis . The company drowning in their depts . Lee found out that the workers of the company are not operating hand in hand and that the different sectors in the company have no teamwork and communication . Without any other options , he went to the government to get Government backed loans and was able to convince the Congress to lend Chrysler 1 .5 billion in 1980 He also bargained with the union for cuts in salary and benefits and his salary...