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I'm trying to think of one rather large outfit that just did it, perhaps a month or so ago.

Yes. Blumenthal--

Pardon?

[Michael] Blumenthal, chief executive officer--

Yes, yes.

It's a bad investment, and the government is making it bad, and going to make it even worse, practically, economically.

[tape stops and starts]

Let me come back to another question about Ronald Reagan whom you've discussed considerably already. But in a Reuters dispatch, May 18, 1985, published by the New York Times, the chairman of NAACP, William Gibson has been quoted as saying that not only is Ronald Reagan “basically a reactionary,” but “he's a racist.” I want to make--

By the way, Bishop [Desmond] Tutu has said that repeatedly.

Yes, he has. I want to recall one episode involving A. Philip