And far more important, can he adjust that environment to him?
No one could survive in that environment for long.
It would be a complete humiliation to put Johnson back into that environment with similar responsibilities.
"If we replicate that regulatory environment, you'll see the same consolidation."
It is, no matter how cosy and nice it feels in that environment, a public place.
"But the recent consumer spending slow down did not facilitate that environment", he said.
"But when it comes to artificially inducing that environment, then there are some concerns."
Reason is the ability to use the forces of the environment without destroying that environment.
Change that environment over time, a long period of time, and the problem goes with it.
You want to keep a flame burning continuously in that environment.