Bill Clinton: “Well, I think the point they were making is, if you could be more reluctant to have layoffs because you knew that these…”

“Well, I think the point they were making is, if you could be more reluctant to have layoffs because you knew that these folks could be made productive if you had time to do it, are you robbed of the time to do it if you're market dependent on a quarterly basis? I think that's--to go back to our friend, again, from Lincoln Electric, if you stick with your mission and you stick with your mission over decades and then you broaden your production line or you broaden your services, sort of flowing naturally out of your mission, this might not have ever happened to you. But if, in the last 15 years, you have got into expansions that were basically adopting unrelated or tenuously related enterprises, then you are liable to get caught on one of these whipsaws. And I think that's some of what we have seen here in some of the most highly publicized ones. Sidney, what were you going to say? [Mr. Harman, citing the example of an investment firm that specifically supported Harman International because of its policies, expressed his belief that other financial managers would in time have the same point of view.]”