31 assigned again a staff expert to work out the details and then Mr. Shapiro took on the job of managing that effort. CARR: Well, this is a fascinating area because the... JONES: It isn't going to help you very much in understanding the General Electric Company. CARR: No, but it does help me understand a little bit better, the way you put it, it's not really external because these things affect your business. JONES: They do and they affect it greatly and in very substantial financial chunks. You talk, a change in the tax bill, for example, and it has an enormous impact on the Company and on the country, so you've got to be conversant with these. Let me shift the conversation for a minute, if I may. We're going to be taking a look at General Electric. We like to tell ourselves it's a new General Electric and I don't want to either sell an approach to you or dissuade you from an approach you might have in mind, but I might make a couple of suggestions that you'd find intriguing. When we talk about the new General Electric Company, what we're trying to say is that while we're not going to in any way lessen our attention and our emphasis to our traditional electric