After the 1973 Arab oil embargo, Inco was tantalized by Philadelphi...
Citations (1)
- The House of Morgan - An American Banking Dynasty and the whole source · open book
After the 1973 Arab oil embargo, Inco was tantalized by Philadelphia-based ESB, and there was fanciful talk about electric cars powered by ESB car batteries, with Inco nickel powder in those batteries. It is important to note that the impetus for this landmark takeover originated not with Morgan Stanley but with Inco. Inco’s chief financial officer, Chuck Baird, had worked under Bob Baldwin as assistant navy secretary.
chapter: 29. Samurai