:45:01
Now, we need to talk about merging the
sales areas in Asia. Nick has some views.
:45:06
lf we can replicate his success
in Hong Kong and Tokyo...
:45:10
What do you think, Nick?
:45:12
lt does make a lot of sense to merge.
:45:15
There would need to be
controls, of course,...
:45:18
..but the trading books can be used to
supplement a customer's requirements...
:45:23
..and increase information flows.
:45:26
Synergetically.
:45:28
Exactly. Synergy.
:45:29
So you see, Peter, Nick agrees.
:45:32
And he's been very successful
with his customers. They love him!
:45:36
Yes, excellent.
Well, keep up the good work,...
:45:39
..and Ron, you sort out
what you want with this merger.
:45:42
Now, gentlemen, l really have to...
:45:44
- Good to meet you.
- Nice to meet you. Cheers.
:45:48
l think that went well.
He seemed to go for the merger idea.
:45:52
- Oh, he did. He really went for it!
- This'll be good for you too, Nick.
:45:56
They'll give you some kind of
fancy new title! (chuckles)
:45:59
Uh... Nick!
:46:02
Nick!
:46:04
Ron!
:46:11
Being good...
:46:13
..is not good enough!
:46:16
Everyone must be connected to
our strategy, or we will find you...
:46:22
..and weed you out!
:46:26
lnformation arbitrage is our business.
:46:29
lf you don't know what an
information curve is, then find out!
:46:34
Position yourself in an information curve.
:46:38
Dominate the curve!
:46:40
Nick Leeson, who most of you know
and all of you have heard of,...
:46:44
..runs our operation in Singapore,...
:46:47
..which l want all of you to try to emulate.
:46:50
Now, you'll hear later from Nick
about how he does it,...
:46:53
..but l just want to
drive home to you guys...
:46:57
..that if you could all think about Nick...