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Years Ago Quotes

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“Some years ago a top Ford official was showing the late Walter Reuther through the very automates plant in Cleveland, Ohio and he said to him jokingly, "Walter, you'll have a hard time collecting union dues from these machines." and Walter said, "you are going to have more trouble trying to sell automobiles to them." Both of them let it stop there. There was a logical answer to that ... the owners of the machines could buy automobiles and if you increase the number of owners you increase the number of consumers.”

“Many years ago I had two small children, and I wanted to be able to be home when they got home from school. And I didn't like the direction journalism was taking. I thought if I could write books, I could work at home and have the best of both worlds. I wrote my first mystery while still working full time, and it didn't sell, but the next one did sell, so I quit my job for the world of fiction. Scary, but I've never regretted it for a single day.”

“The general culture of investment banking has deteriorated over the years. We did a $6 million deal years ago for Diversified Retailing and we were rigorously and intelligently screened. They bankers cared and wanted to protect their clients. The culture now is that anything that can be sold for a profit will be. 'Can you sell it?' is the moral test, and that's not an adequate test.”

“I think people are much more concerned about money now. There aren't the big advances of the past. You feel the sense of nervousness about the book industry. It's not like before. Not that I knew very much about what it was like because I was a newcomer to it, but I get that feeling that people are more conservative in their book choices and what they are going to publish and what's a sure sell. As opposed to - just like in the economy - a sense of luxury and sense of risk taking ten years ago.”