Session: 1234567891011121314151617         Page 266267268269270271272273274275276277278279280281282283284285286287288289290291292293294295296297298299300301302303304305306307308309310311312313314315316317318319 of 824

Yes, right.

It went down the drain.

Right. Excuse me. He let the Star go down the drain, that's right.

It wasn't his fault.

No. He sold Inland--

That was a dream of Jim's, that he could--

We're going to go into the Star separately. But he did that, and ultimately he changed, you know, the structure--he became chairman and CEO. How did you feel about the changes that he made? I think he even stated at the time, very shortly after 1981, that there's going to be a shrinkage in the corporation, that there would be new directions for the future--this is according to the Prendergast book--and that the company would be brought back to two main areas of interest, information and entertainment--basically getting out of forest products. And I think it was even mentioned that it would be getting back more to Luce's vision of, you know, the company as most specific--

No, it wasn't Luce's vision of the company they were coming back to. They had an MBA's vision of the company. That's