Thanks, But No Thanks

Iacocca tries to snuff a presidential draft effort

Lee Iacocca does not want to be President of the U.S. Sure, the man has led a triumphant life: the son of Italian immigrants, he scratched his way to the top of the Ford Motor Company, then guided Chrysler from the brink of financial ruin to robust health and considerable profits. And, yes, he has become a household name as the earnest TV pitchman for his company's cars. He is also the author of the best-selling autobiography ever (more than 5 million copies, hardcover and paperback, are in print) and a proud patriot who raised $277 million for the restoration of...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!