And I'm convinced, beyond a shadow of a doubt, that you can work with the unions because the unions want to survive. If they are confronted simply with the question: "Do you want this company to survive or do you want it to be broken up?" they will listen. It's their livelihood.

When friends and acquaintances are telling you [that] you are a genius, before you accept their opinion, take a moment to remember what you always thought of their opinions in the past.

You learn in this business.. If you want a friend, get a dog.

I can tell you how bad our boards are... I don't have to watch Saturday Night Live anymore; I just go to the board meetings.

Im a cynic about corporate democracy and boards.

Too often it's not the most creative guys or the smartest. Instead, it's the ones who are best at playing politics and soft-soaping their bosses. Boards don't like tough, abrasive guys.

Now the guy that got to the top, the CEO, would obviously be stupid to have a number two guy who was a lot smarter than he is. So by definition, since he's a survivor and he got to the top and he isn't that brilliant, his number two guy is going to always be a little worse than he is. So, as time goes on, it's anti-Darwinism, the survival of the un- fittest.