Rigor is always appropriate when investing in markets, whatever the ultimate conclusions may be.

We do not view 2005 to be a clean operating year, and the positives of beating expectations are offset by guidance moving around.

Here at home, ... while the most likely scenario remains solid growth and low inflation -- subject to the usual ups and downs -- certain sectors have been impacted by the crisis, some because of increased imports and others because of decreased exports. Moreover, problems in the global economy do constitute a risk to all our overall economic well-being.

All of us as consumers have gotten spoiled, ... We expect customized goods and services at commodity prices. The only way we can do that is to cut the fat out of our price structure.

First, the only certainty is that there is no certainty. Second, every decision, as a consequence, is a matter of weighing probabilities. Third, despite uncertainty we must decide and we must act. And lastly, we need to judge decisions not only on the results, but on how they were made.

I don't have a distaste for ambiguity, in fact, ambiguity is what I think life is all about.

In terms of myself, I said from the very beginning that I wanted to work in the management of Citigroup and I didn't want to be a CEO, ... That's not what I want to do with myself at the moment.