Charles Prince Quotations

We are going to shift the mix strongly to international.

We have said pretty clearly that our focus is on extending the franchise transactions.

When things happen that cause (our) legacy and history to be tarnished a little bit, it hurts all of us. It hurts me personally, ... Examples like that are simply not acceptable, and we're taking very strong action.

More of our growth over the 5 to 10 years will come internationally than nationally. Having their expertise as part of the team effort really gives us a leg up.

If we could see our way to a more substantial stake, we would be interested. For us to buy a small interest and just be along for the sleigh ride isn't the right model.

I have communicated to Mike that we are supportive of his new venture and hope to be able to make a meaningful investment.

I feel very good about our competitive position.

If you are asking me if these public perceptions had never come up, would we still have made the change, I don't know the answer to that.

There is naturally a tension between short-term and long-term, ... The key is, you can never sacrifice your long-term growth, your long-term reputation, to the short-term. You miss a quarter, you miss a quarter. You miss a bunch of quarters, that's a different matter.

It is a key priority for Citigroup to resolve major cases like this one and to put a difficult chapter in our history behind us,

Jim is really going to be helping us expand the footprint. We don't need a peacemaker internally.

Our U.S. consumer franchise continues to face a challenging interest rate and pricing environment. I feel very good about how we're expanding internationally.

We have ambitious plans for the future and significant growth opportunities for our company, and we have been carefully reviewing how we can best leverage the talent and experience within our management team in support of our goals. This is a strong management structure and a strong management team to lead our company given the needs of our business and the accelerated pace at which we must make strategic decisions and respond to the needs of our customers. I am proud of the caliber of our next-generation of leaders and their dedication to our future.

We have the opportunity to grow the consumer business dramatically.

We're not going to do big, complicated deals. We are going to do string-the-pearls, extend-the-franchise type of deals.

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.

We've had softer revenue growth in North America than we want. This is something that I think we can do better.

We've had softer revenue growth in North America than we want, ... I expect we're going to do a better job.

We had terrific results, yet we're not firing on all cylinders. The one we're not firing on is our consumer business, which we saw good customer interaction and lower credit costs, but we also saw revenue growth was not where we hoped it would be.

We had terrific results, yet we're not firing on all cylinders.

We are very bullish on our growth prospects in India,

Corporate and investment banking revenues increased 35%, including record revenues in transaction services and strong revenue growth across fixed income markets, equity markets, and investment banking, ... In Smith Barney, revenues grew 13%. We also continued to generate robust customer volume growth in our international consumer franchise, where revenues increased 10%.

The strength of our business franchises continued to generate strong underlying financial results.

This is the product of a lot of hard work by a lot of people over a year, in terms of changing and improving and strengthening the culture of the place.

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.

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

excellent performance in our corporate and capital markets driven businesses.

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.

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.

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

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

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

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.