A preoccupation with the so-called bottom line of profit and loss statements, coupled with a lust for expansion, is creating an environment in which fewer businessmen honor traditional values; where responsibility is increasingly disassociated from the exercise of power; where skill in financial manipulation is valued more than actual knowledge and experience in the business; where attention and effort is directed mostly to short-term considerations, regardless of longer range consequences.

Hyman Rickover (1900-1986) Polish-American naval engineer, admiral [b. Chaim Gdala Rykower]
Speech (1982-01-28), Joint Economic Committee, U.S. Congress, 97th Congress, 2nd Session
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Added on 23-Feb-26 | Last updated 23-Feb-26
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