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| | Pittsburgh Post-Gazette - Who Killed Westinghouse? - Prologue |
 | | After all, there are plenty of examples of former Westinghouse divisions that have done better under new ownership: Adtranz, the mass-transit cars and people-mover maker in West Mifflin; Cutler-Hammer, the former electrical controls and distribution business in Green Tree; and Wesco, an electrical equipment supplier on the South Side, all come to mind. |
 | | Westinghouse Credit's stunning fall was equaled by its stunning ascent during the late 1980s, when Danforth and his successor, John Marous, transformed the formerly low-profile unit, which once just financed appliance purchases, into a speculative commercial real estate and corporate lending vehicle that promised fast growth and fat profits. |
 | | It didn't help that Westinghouse's chief executives in this fateful era had little time to put their stamp on the corporation.The last four CEOs, excluding interim replacement Gary Clark, who filled in for six months during the search for Lego's successor, each had an average of only 3.5 years to show results. |
| www.post-gazette.com /westinghouse/prologue.asp (1033 words) |
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