European Stars and Stripes (Newspaper) - April 14, 1991, Darmstadt, Hesse                                Sunday april 14, 1991 the stars and stripes Plage-15monetttatterj Dollar watch shown below Are the highest Dollar Exchange rates for the week of april 7 -13 compared with Dollar rates for the same period one year and five years ago British Pound one Pound would Cost you $1.77 $1.64 1991 1990 $1.45 1986 German Mark one Dollar would buy you 1.65 1991 1.66 1990 2.38 1986 a military Exchange rate italian lire one Dollar would buy you 1255.70 1249 1991 1990 1645 1986 Spanish peseta one Dollar would buy you 151,90 104.40 107.30 1991 1990 1986 a a. A a a a a a a a a. A. A amps the dollars Long Range prospects took a turn for the better last week with the Buck holding firm against the British Pound and German Mark. The Dollar was trading late Friday in Germany at 1.68 Marks up More than a pfennig from the currency slow Point last week of 1,669 Marks. In London one British Pound was Selling for $1.78, also a slight improvement for the . Currency when compared with its weakest Point last week of $1,795. A a currency traders said the Dollar remained Well supported in Europe despite hints that inflation in the United states is easing off which could Lead to a Cut in interest rates. Normally declining interest rates would drive the Dollar lower but this time around the Buck seems to be reacting just the opposite. The widespread belief that the . Discount rate will soon fall from its current level of 6 percent a has created a bit of euphoria on foreign Exchange markets said Tim Fox an economist with London a Midland Bank a people think the prospects for a . Economic recovery Are improving and that says its time to buy the Dollar again a he said. Meanwhile unrest in Eastern Europe rising unemployment in Eastern Germany and higher than anticipated inflation in Germany As a whole Are weighing against the Mark. A the arguments for a stronger Dollar Are becoming More convincing a Fox said. Ian Amstad with Chase investment Bank in London agrees the. Buck is on the Way up. Three months from now he sees the Buck at 1.75 Marks. By year end he predicts 1.90 Marks. Through monday military Exchange rates in Europe Are As follows 1,63 Marks in Germany the same As a week earlier and one British Pound is Selling for $1.84, one cent higher than a week ago. The stars and stripes business executives sold on by Randy Mcclain. Financial writer not everyone thinks Gem 11. Norman Schwarzkopf can write his own ticket m the business or political world after the stunning Success of the persian Gulf War. Gerald c. Meyers former chairman of american motors and an officer in the air Force during the korean War is one who thinks storming Norman should stay where lie is rather than risk failure As chief executive of a major corporation. Schwarzkopf 56, told reporters in Kuwait City on thursday that he plans on retiring within the next few months. R a there was a Survey done by the Wall Street journal among executive recruiters and they said they could put Norman into virtually any corporate Job and head be a Success a Meyers said in a Telephone interview. A that was patently  instead Meyers now a business professor at prestigious Carnegie Mellon University in Pittsburgh thinks Schwarzkopf would be out gunned by Many competitors in the business world despite his 170io. He even told Schwarzkopf As much in an open letter published last month in the Wall Street journal. Meyers wrote a a in the army when you order soldiers to kill they Salute bust their Butts and do it without asking questions. But join any corporation of size and you la be a fish out of water. You a be battling against first raters All the Way including Many 1 who would out  you not a fourth rate Power with a second rate  Meyers advice a a done to believe the theoreticians who will claim that you have transferable skills usable in any situation a he wrote. A keep doing what you a do  v a. A a v Quot Meyers said his Blunt advice which was exaggerated for a humorous effect created a a National stir.�?�. / it also led to a ton of mail on Meyers Doorstep and at least one a obscene hate s. Fax a he Saida most of the mail was supportive but i did hear from some super patriots too people who Felt it was Complete blasphemy Complete sacrilege to be saying anything negative at All about general a Schwarzkopf a Meyers said.  they Felt he san out and out hero and deserves anything he wants even if its to be head of general  Meyers said he has a lot of respect for Schwarzkopf a military talents but he doubts the general could make a go of it As chief executive of a big business. A Schwarzkopf is a Leader but if lie had to do the Grubby stuff of running a business Day by Day he. Would fail a the former american motors chairman said. He said Schwarzkopf lacks knowledge about the world of High finance and he does t know How consumer markets work. A corporate executive needs to be sensitive to a a buyers attitudes and the nuances of the marketplace a Meyers said and nothing in the 56-year-old Schwarzkopf background has prepared him for that. Meyers suggests that Schwarzkopf would be better off remaining in the army and aspiring to become army chief of staff one Day. A it s not like he a reached a dead end in the military Quot he said. A. Several other business consultants in Gen. 11. Norman Schwarzkopf meets press during desert storm. Eluding two corporate headhunters who recruit sex military officers for Fortune 500 companies think More highly of Schwarzkopf executive potential. Rene Brooks co owner of Cameron Brooks professional recruiters in Fredericksburg Texas said her firm would love to have Schwarzkopf As a client. A anyone who watched the Barbara Walters special and who has read about him realizes he is an extremely sensitive and caring person. I think he could make the transition to the corporate sector quite easily a Brooks said. A the speedy Victory against Iraq shows that Schwarzkopf is a master of strategic thinking she said and that s one. Skill much in demand in the business world. Brooks also praised the general for his a vision and  a Lou Benjamin owner of the military recruiting Institute in Atlanta gu., said simply a any of us in the executive recruiting profession would. Be thrilled to have his resume. I think even an ape could find him a  Benjamin said Schwarzkopf did. A lot during the War to overcome the Misc on caption that military leaders Are one dimensional and humourless. A the did a lot to improve the image of the military Leader a Benjamin said a lie showed that you can be results oriented and Tough but still be compassionate and have charisma.�?�. Benjamin said Schwarzkopf might not fit in Well at every company but Many w Ould take a Chance on. Him if he makes himself available. The perfect fit might be with a firm that already has a pretty Good mid and upper level management that a very technically oriented a he said. A if Gen. Schwarzkopf had to step in on Day 1 and Deal with complicated leveraged buyouts and Analyse various operating units he probably could t handle it a Benjamin added. But he said Schwarzkopf would probably prove to be a Quick study. A you done to have to do it All Well a the  Recruiter added. A a in a a business owner myself and i think in a reasonably successful. But i be  business course 111 my Lite 1 have a Good accountant a Good consultant and a Good lawyer who work with me on things i done to  Meyers of Carnegie Mellon said Schwarzkopf should t let his ego be enlarged by executive recruiters Praise. Theh advice is tainted by the fact that they would earn big fees if Schwarzkopf landed a corporate presidency with their help. He described most recruiters us a meat paddlers looking for a  one executive Recruiter who agrees with Meyers View of Schwarzkopf though is Jack Akin of. Fairfield Conn Akin who is hired by Industry to screen exe Eulive Job applicants called Schwarz Kopf Quot a terrific general who  fit at the Helm of most companies. Ironically Akins son pee. John p. Akin is serving under Schwarzkopf in the persian Gulf Region As a member of the 1st army div. The younger Akin is nor malty stationed at Pinder Barracks West of n urn Berg Germany. A a few people Are so adaptive that they have the skill and style to work anywhere a Akin said. A but Gem Shwarz Kopf is not one of them. Of course u5 to 99 percent of All people Are  Akin said military leaders and business leaders Are not interchangeable. A great generals can do anything i done to agree a with that a he said Akin said Schwarzkopf whom lie described As a a tight end personality seems to Lack the patience and subtlety that top business leaders need when dealing w Ith the Public and shareholders. Quot Gen. Schwarzkopf seemed a Little intolerant a Akin said. A you could Sec the hash in his eyes with some of those  of course that Sty . Plays Well with some observers. A fall that Schwarzkopf did was make people who asked stupid questions feel stupid a Benjamin said. A maybe he has a Little to learn about diplomacy. But i think most people loved