Jump to:. (2) Summaries. Ambitious, wide-eyed boy Nick Leeson is determined to rise in the world and be more than a simple bank clerk.
Rogue Trader Youtube
When his employers, Barings Bank, offer him the opportunity to go to Jakarta to sort out a problem that nobody else wants, he seizes the opportunity with both hands. In Jakarta he meets and marries Lisa and together they go to Singapore when the bank offers him the job of setting up their future options trading operation. To save money the bank allows Nick to operate both the floor trading and the back office facilities and force him to employ cheap, unskilled staff. His first year of trading is a big success and he makes large profits for the bank even though he has illegally broken trading rules and secretly covered up losses. Given more freedom, even more money and continuing unchecked, Nick starts to make losses and again attempts to trade out of them but this time he comes unstuck as his illegal trading generates even bigger losses. Staples one touch stapler instruction manual.
After the death of his unborn child Nick completely loses control and gambles without restraint with other people's money leading inevitably to a complete financial meltdown and the bankruptcy of the bank. Kannada songs mp3.
Advertisement If some strange reason equity trading sounds a bit boring to you, then don’t worry: Leeson isn’t just any banker. In 1995 he became a household name after his unauthorised trading led to the collapse of Barings Bank. You could even view him as Britain’s version of the Wolf of Wall Street. Leeson had initially made millions for the bank, but soon ran out of luck and made riskier and riskier investments to cover up his mistakes. Then, on 23 February 1995, he left a note reading “I’m sorry” before fleeing to Singapore. He had lost the bank a total of £827 million. Overall, not the best day in the office.
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Leeson was eventually arrested and pleaded guilty to cheating the stock exchange and forging documents. He was sentenced to six and a half years in prison, but was released after he was diagnosed with colon cancer in 1999.
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