Now he has one major task to tackle, and it's harder than trimming any cost: to engineer and build great, profitable, desirable vehicles in every segment, for weakened brands such as Buick and Pontiac, and for strong brands such as Chevy, Cadillac and GMC.

FORBES: Rick Wagoner Is Running Out Of Excuses

Of course, all this belt-tightening and cost trimming would matter little if Iomega had nothing compelling to sell.

FORBES: Growing up

It's no secret liberal Democrats in Congress are dismayed with Clinton's willingness to trim taxes at the cost of also trimming social programs.

CNN: The Devil Is Always In The Details

Most of the savings came not from trimming labor (10% of cost) but from getting parts to the factory floor faster and improving production flow.

FORBES: America's Best Managed Companies

Most of its growth since then, says Steve Wharton of Morgan Stanley Investment Management, has come from cost-containment lay-offs, trimming delinquencies and getting rid of bad loans rather than top-line growth.

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