In the major international firms, what's different today is you have more of a corporate-type organizational structure.

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It's very hard to run an organization if you have too many satellite offices.

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[But many of its offices - in Jakarta, Stockholm, Melbourne, St. Petersburg, Brussels, Bangkok, Sydney and dozens of other cities - were not particularly profitable. Some lost money.] It's very hard to run an organization if you have too many satellite offices, ... We had a lot of profitable ones, but it didn't add up to a good total.

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