Lee Iacocca and Sen. William Proxmire

Lee Iacocca and Sen. William Proxmire

Sen. William Proxmire, D-Wis., left, shakes hands with Lee A. Iacocca, board chairman of Chrysler Corp., at the start of a Senate finance committee hearing in Washington, Thursday, Nov. 15, 1979. The committee is hearing testimony on a bill to guarantee loans to the auto maker. At center is Sen. Donald Riegle Jr. D-Mich. Photograph by AP Photo