On the recordMay 16, 1996
Would anyone like to take a crack at that, what he said about the--[laughter]. Gerry? [Mr. Greenwald said he wanted to clarify an earlier point made by a participant that there was clear evidence that companies became more profitable through corporate citizenship. He said he did not think that Wall Street analysts or institutional investors believed that, because if they did, they would not reward instant massive layoffs.] Participant. Instant massive layoffs means that management has failed.
Source
govinfo.gov




