Andrew has built an impressive record of success, leading initiatives that have made Dow a large and profitable company that is positioned for further success in diversified global markets. Nearly two-thirds of his almost 30 year career at Dow has been spent in the Asia Pacific region, giving him a tremendous depth of knowledge that will be immensely valuable to us as we position ourselves for continued growth in this and other regions of the globe. We look forward to his contributions.

I don't think we are late to the party. I would already have liked to do it.

I am very pleased with our first quarter accomplishments, which included strong growth in client activity across many franchises. We are seeing the benefits from our investment spending, which helped generate record revenues in our international businesses and record revenues globally in our corporate and investment banking business. Strength in these franchises more than offset weaker results in our U.S. consumer business.

If I'm directing something that is off a movie, I won't see the movie because I don't want to copy it,

International GDP (Gross Domestic Product) is expected to grow substantially more than U.S. GDP over the next few years.

In this new world in which we all live, as we go about our daily lives, we need to be extra vigilant, ... That's true for the company and true for each of us as individuals. I have no doubt we'll rise to the occasion.

I'm very, very pleased with our accomplishments and our financial performance. While I don't expect a quick turn in the U.S. consumer business, I do expect better results in the future.

excellent performance in our corporate and capital markets driven businesses.

No town of 300,000 wouldn't have a jail.

As we move in to 2006, we see significant opportunities to grow our franchises. We are already increasing the pace of our distribution expansion and working to provide our customers with a more integrated set of products and services, yet a more simplified experience.