The investment banking team will be first on the ground, fixed income and equities will be the next phase. We'll do some transfers and we'll hire some people locally.

A very important misconception is that some think we are a venture-capital firm.

We will be in good shape when the school year begins.

You cannot do that through acquisitions alone. The real engine of growth is the core businesses themselves.

I heard him moaning and groaning. It was really sad to see a guy be in that much pain.

The doctor told me he thinks it's a bad back spasm and hopefully he'll be OK. He doesn't think it's anything serious that will keep him out for a long time.

We're setting up investment banking now ... people will be on the ground this year. It's one of the big opportunities our senior management sees globally.

That's sports and we can't do anything about it. We've got to play with the players we have. What can you do? You have no choice.