We have seen that in this country in the last few years, particularly on Wall Street, with the rise of the old human frailty of greed. This occurs when people begin to serve only their own needs to the detriment of everyone else.

There is no system that is inherently moral if the participants themselves are not.

In some of the countries where we operate, there is a tradition of corruption, in which the political elites work with business in the framework of unsavory relationships.

The main professional responsibility of a person in business is business.

He or she must be successful in economic terms, but always within an ethical framework. Whether his or her constituency is a corporation and its shareholders or the customers in a small and privately held business, his or her first responsibility is to serve that constituency.

Ethical conduct is something that becomes inherent in an organization over a long period of time.

We obviously want to produce things that people want. We are going to continue to do that in an environmentally responsible way, while still being aware of the physical, scientific, and practical issues that we have to deal with.