P: But in your case it did not work because the Angel of Death moved in.

M: That is right.

P: That was very good for you. Would you consider yourself to be a workaholic?

M: No, but I do have the Scotch Presbyterian background, which I think makes
 you accustomed to the fact that you are used to working hard, and you accept
 this as one of those responsibilities toward your family.

P: You came to Florida for the interview. Tell me about your meeting with Mr.
 Smith and how all of that went.

M: I met him on a Saturday.

P: You flew in from L.A.

M: I flew in from L.A. on Friday night and met with my friend here. We stayed
 at the same place. We went in on Saturday morning, and there was no one
 else there.

P: Who was your friend here?

M: Dr. Donald D. Dunlop. He had been the head of the research facility at Oil
 Recovery Corporation in Tulsa, and he had subsequently gone into the [U.S.]
 Interior Department, and then he became a consultant.

P: So your friendship went back several years. So you got into Miami on Friday,
 and you and he got together on Saturday.

M: He briefed me on who I was going to be talking to, and his version of the
 company and the problems the company had. The company at that time
 was under serious attack by four departments of the federal government, and
 the three top officers of the company had a $300 million personal liability suit
 against them. The term "thermal pollution" was coined because of the warm
 water that was emitted by the fossil fuel plants at Turkey Point, and the
 nuclear plants had not even come on line yet. Mr. Smith had gone from
 being kind of the "darling" of the area--because he supported the Little
 League football teams, he had bought full-page ads for high school annuals,
 he had the company giving more money to the United Way than anybody
 else in Miami, and he did a lot of very good things--to being a despoiler of
 the environment and to being personally vilified to an extravagant degree.
 I think it was that plus the fact that he had pancreatic cancer--although it
 was not diagnosed at that point--that caused him to resign as the chairman
 and CEO [chief executive officer] of the company, though he still remained
 as the chairman of the executive committee and a member of the board of
 directors of the company.

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