I think even before Katrina I would have been through. I would have been arguing to pause, if I were still there.

The outlook for inflation seems very positive to me for some time to come, and therefore, I doubt that there will be a need to fight inflation for quite a while, ... Indeed, I believe that further disinflation is more likely over the next year or so than a resurgence of inflation.

Deflation is not at the doorstep.

I think that you really have to pause before you decide that's what you want to do.

I think the market needed to pause.

We didn't try hard enough. It gives you pause to think what do we really have here? We should've been frothing at the mouth, like pit bulls. I so much want to have a team that really, really, really wants to play every day, every night.