JP Morgan's finance director said the compensation total was reduced by a need to "offset British tax on bonuses" - the first admission that banks are responding to Alistair Darling's bonus tax.
"We have a large deficit, and to reduce a deficit you need spending cuts or tax rises, so asset sales are not really helping," he said.
Its promise, however, is straightforward enough: the technology can reduce a company's need for costly computer storage systems by half or more.
Abolishing parole would also reduce any need for a "three strikes" law.
Transfer the chops to plates, add the lime juice to the sauce, taste for seasoning, reduce a little if needed, then spoon over the chops.
One, nicknamed "low mow" by company scientists, has been designed to grow at a slower pace, thereby reducing the need for a lawn mower.
When that happens, regular Joes will be able to use the software to get a diagnosis and then call a specialist, reducing the need for general practitioners.
The use of POC tests reduces the number of referrals to a central laboratory and may also result in reducing the need for a second patient visit.
"Most games on Facebook have implemented their own virtual currencies, reducing the need for a platform-wide virtual currency," the company said in a blog post.
In Hong Kong, telcos sold their application to enterprise customers, reducing their need for a sales staff.
