Mr. Green's latest book had claimed that the corporate bureaucracy wastes six

times as much money each year as the government bureaucracy. Mr. Buckley begins by asking, "Is it [Mr. Green's] opinion that the waste to which he points would be eliminated if the government took over and ran our basic industries?" MG: "No, of course not. The book points out on the first page that the laws of growth, girth, and waste that represent the corporate bureaucracy also apply to the federal bureaucracy. But because so many people have studied the [federal bureaucracy] ... I thought it ... worth while studying whether that same law of inefficiency also afflicts the corporate bureaucracy, and we found out that was so." He sounds entirely reasonable -- but so does Mr. Frank, who roundly contradicts him: "You mention Xerox as an example of one company that controls their legal expenses wisely. I don't know why you don't infer from that that there are very little hidden profits instead of inferring the opposite." We may be left unsure of the answer, but by the end of the hour we know what the question is.