All this is just my understanding, which could be off.
Bennett Lebow is/was a "corporate raider." He bought controlling interest in various struggling companies, slashed expenditures to the bone and thereby dooming the company (eg no more R&D, therefore no new products). This resulted in good profits until all the current customers left for competitors who had new products, at which point the victim company could go into bankruptcy and be flushed down the toilet.
Even companies such as Prime Computer, which survived his attempt to buy them out, wasted huge amounts of time and money and were thereby damaged. He hurt many, many people.
Thanks --
David,
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