“For years I thought what was good for the country was good for General Motors and vice versa.”
— Charles Erwin Wilson, then GM president, during 1953 confirmation hearings to be Eisenhower’s Secretary of Defense. Wilson was asked by the Senate Armed Services Committee if, as Secretary of Defense, he could make a decision adverse to the interests of General Motors and responded by saying he could not conceive of any such conflict.
H/T to Arjun Jaikumar
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