According to a recent Factiva:
Believe it or not, the leader of Big Blue is talking about the financial crisis and the prospect of systemic overhaul. As companies around the globe try to get ahead of the economic maelstrom by laying off employees, shuttering factories, and cutting R&D, IBM is headed in another direction. In the face of a meltdown, Palmisano continues, "you can retrench, pull in your horns, protect the balance sheet, and preserve cash. Or you can realize that this is about humanity screaming for change."