Weekly Basket:Cut Where the Money Is -cnbnews.net


Volume XVI No. 40: October 7, 2011

 When asked why he robbed banks, Willie Sutton supposedly observed, \”because that\’s where the money is.\” This yielded the \”Willie Sutton Rule\” of business: concentrate efforts on cost-cutting and efficiency where you have the greatest costs. The same maxim applies to cutting the deficit.

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