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Let's talk about oil prices first. If we may, how much of a worry is the current oil price above 80 dollars a barrel?

Well that certainly it's unprecedented and we've not seen oil prices at this level before. And will economy and will business in general be able to absorb those ever escalating oil prices those are simply questions for all of us to ask and I don't have the answer.

Well you've been in the game, if don't mind me saying this for..for many years. The credit crunch that we are witnessing( Yes we have.)The econonic downturn the volatility in the stock markets. Has is a unique event in your experience or it's just be the merry patern , the merry merry around?

Well, what I have to say when I speak to a partner is that the only cost in business is going to be change. But what I do think is new about the envoronment you just described is the pace of change both the magnitude in the pace of change . It's unprecedented. And this requires our clients to be much more adule much more adaptable to be able to both see challenge and that also capture opportunity. And the same is true for our business in professional services as we work to help our clients absorb and deal with these changes and adapt in a very dynamic environment.

And given the tightened lending environment expected slowdown some major economies, do you see that the outlook for the next years, 2 years is pretty gloomy?

Well, I certainly wouldn't use the word gloomy, but I would acknowledge that part of the strength of the underlining economy certainly true in the US. So I think it's also true globally has been the availability what liquidity to the consumer. And that liquidity in part has been fueled by a very strong housing market. So as we see that housing market tempers slow down and even started to decline. Some of that liquidities coming out of the market place and as we watch our financial institutions reprice risks associated with. Those credit instruments there's a lot of change to absorb. What will the impact be? I don't know, But for sure, growth will be slower than what have been otherwise.

Now I've got some details of your results here,you are bursting of your fifth consecutive year of double-digit revenue growth with all these worries that we've been talking about, is that why you are doing so well. So many companies are going to you and say---help us.

Well there is no question a part of the professional services market that we are driving is helping our clients deal with change. For us to have enjoy double-digit growth in our insurance business, double-digit growth in our tax business , double-digit growth in our financial advisory business and double-digit growth in our consulting business. It's certainly just illustrates one more time, that there is a professional services markets that is created by change. And that's in fact the essence of our business, helping our clients absorb change helping our clients deal with change...