Word: client
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...Goldman said that much of its increased trading was to execute client orders, and not trades the bank was making solely on its own. During a conference call with analysts and investors, Goldman CFO David Viniar said that most of Goldman's trading profits came from such liquid investments as Treasury bonds and not in the trickier markets for subprime mortgage bonds or credit default swaps, which can be harder to buy and sell. Goldman said it made very little money from CDS contracts it settled with AIG, but declined to comment exactly how its trading profits were generated...
...only with extensive yoga training," says Bo Forbes, a clinical psychologist, yoga teacher, and founder and director of the Center for Integrative Yoga Therapeutics in Boston. She believes that psychotherapists should have in-depth study of yoga and a strong background in anatomy and alignment to limit client injuries. Currently, there are no official licenses or standards of practice for yoga therapy...
...goes well, the deal could propel Tech Mahindra into the top tier in Indian software services. Satyam's client base, which includes Cisco Systems and Nestle SA, would reduce the company's heavy reliance on British Telecom, its biggest customer. The markets gave the purchase a thumbs-up. Tech Mahindra shares were up 12% at the end of trading Monday, while Satyam shares were up 3%. Also applauding the deal were India's business groups. "The smooth completion of the bidding process for Satyam demonstrates that India has an adequate legal and institutional mechanism for handling and resolving a major...
...perjured himself and obstructed justice in 2005 when, while answering questions from immigration authorities, he denied involvement in the Havana attacks even though he had told the New York Times in 1998 that he'd taken part in them. Posada's Miami lawyer, Arturo V. Hernandez, says his client denies the charge. "[His] defense will be a clear and direct one, which is that he told the truth," Hernandez tells TIME. "We share in a common sense of optimism about the truth coming out in the end." (Hernandez won't say why Posada claims he didn't lie to immigration...
...closer to New York and Delaware than they do to Detroit," says Hugh Ray, a partner at the Houston-based law firm Andrews Kurth who is also admitted to the New York bar. "You're afraid of what you don't know, and it's easy to tell a client they face a great deal of uncertainty, when what they should tell the client is, 'I don't know much about Detroit...