Klutznick to Commerce
Henry Ford II turned down the job, as did Reginald Jones, chairman of General Electric Co., Jane Cahill Pfeiffer, chairman of NBC, and a dozen other captains of American industry and business. But last week Jimmy Carter finally found a nominee to succeed Juanita Kreps as Secretary of Commerce. His choice: Philip M. Klutznick, 72, a multimillionaire Chicago real estate developer. Said Klutznick: "I can't say I sought the job, but considering the problems that we face in the economic field, it's not easy to say no to the President."
Actually, Klutznick has been...