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Barings believed it was not exposed to any risk because Leeson said he was executing the huge purchase orders at a client's behest-and presumably with the client's funds. Furthermore, to Barings' delight, Leeson was also making a tidy profit by making those trades in conjunction with the bank's separate and official holdings of Nikkei 225s in Osaka and SIMEX."I won't tell you how good," says a Barings employee, "but it was a good business." Little did Barings know that it was responsible for error account No. 88888, which was unhedged and would turn...

Author: /time Magazine | Title: Nicholas Leeson: GOING FOR BROKE | 3/13/1995 | See Source »

...come to South Florida to look into the case of her son, Bobby Earl (Blair Underwood), convicted in 1986 of the rape and murder of eleven year-old Jodie Shriver. He has been living on death row for eight years. Armstrong ultimately takes the case at the behest of his wife, played by Kate Capshaw. And here, the movie begins to make...

Author: By Benjamin Cavell, | Title: 'Just Cause' Just Short of Thrilling | 2/23/1995 | See Source »

Welcome back to Harvard--we think you'll find that a few changes have taken place at the behest of the nation's new government. We at Dartboard are not amused...

Author: NO WRITER ATTRIBUTED | Title: CONTRACT WITH HARVARD | 1/6/1995 | See Source »

Enter Rudy James. The 58-year-old Klawock native had long ago moved to Washington and married the ex-wife of one of Allendoerfer's colleagues on the bench. At the behest of Roberts' grandfather, he presented himself as a Tlingit tribal judge and suggested an exotic deal. If Allendoerfer bound the boys over to their tribe, they would undergo a traditional Tlingit punishment: banishment on remote, uninhabited islands, while contemplating their sins and hewing logs with which to build Whittlesey a house...

Author: /time Magazine | Title: The Banishing Judge | 9/12/1994 | See Source »

...Helyar puts it, "You have 28 different owners and 28 different economic interests, and no matter how united they say they are, they tend to split according to their economic interests." Clearly, some owners (Steinbrenner, Angelos) want to settle fast. The problem is that the owners, at Selig's behest, enacted a stop-me-before-I-buckle-again clause that requires 21 votes for an agreement after a player strike begins. Some theorize that Selig might lead a kamikaze band of less profitable owners to block an agreement well into next season. But the owners seem to make and break...

Author: /time Magazine | Title: SPORT: Bummer of '94 | 8/22/1994 | See Source »

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