The Amex chief speaks up for a neglected constituency
Small business. The term conjures up visions of Mom and Pop enterprises, like laundries and corner groceries. But firms with revenues of $5 million to $350 million, which would have been Big Business 25 years ago, are considered fairly small or at most middling in these inflationary days. Unlike the community of large corporations, the mass of these outfits seldom speaks with one voice on issues that affect them. Now someone wants to be their champion: Arthur Levitt Jr., chairman of the American Stock Exchange,...
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