 Another fortunate thing was this happened to be during the recessions of the early 1960s. And when the economy picked up, he got a job and he basically was able to hold it for the rest of his career. Then it was during recessions. That's when you'd see mass layoffs. Corporate CEOs were embarrassed to do mass layoffs. They thought it was a sign of their own failure. Now it's a sign of financial prowess. Good times, bad times, it doesn't matter.