Rogue Trader
| Author | : | |
| Rating | : | 4.32 (946 Votes) |
| Asin | : | 0751563390 |
| Format Type | : | paperback |
| Number of Pages | : | 384 Pages |
| Publish Date | : | 2017-01-10 |
| Language | : | English |
DESCRIPTION:
Now updated for the twentieth anniversary of the collapse of Barings,this is his story of a broken system; of a cast of characters blind to anything but profits - whatever the cost. When Leeson was arrested in 1995 for bringing Barings Bank to its knees, it initially seemed as if he had single-handedly crushed the company. Leeson's tale of boom and bust is an important reminder of the immense power the banking system held and, worryingly, still holds.. Indeed, it was he alone who found himself in the dark confines of a Singapore jail, from where he wrote Rogue Trader
Leeson's Lessons Jerry Sanchez As it turns out, Nick Leeson does not seem to be a terrible guy, although he single-handedly caused the collapse of one of the oldest banks in the world in early 1995, Barings Bank. I just don't understand how he could let the 88888 account continue for so long once the losses started building. Why not confess? What started with some mistakes and an attempt to hide them soon took on a life of its own and grew out of control. Sure, Barings should have had more internal controls and could have monitored Leeson better, but to think that a young kid fr. Paul Sharpe said A Fast Paced Personal Apologetic - Great Read. Rogue Trader is a well written, fast paced, intimate first hand apologetic of Nicky Leeson's dealings on the Simex trading floor in Singapore and how he managed to run up huge losses to the tune of £600 million without anyone noticing and breaking one of England's oldest merchant banks. In a world where Jerome Kerviel loses EURA Fast Paced Personal Apologetic - Great Read Paul Sharpe Rogue Trader is a well written, fast paced, intimate first hand apologetic of Nicky Leeson's dealings on the Simex trading floor in Singapore and how he managed to run up huge losses to the tune of £600 million without anyone noticing and breaking one of England's oldest merchant banks. In a world where Jerome Kerviel loses EUR4.9 billion on the back of EUR49.9 billion in unauthorized trades for Société Générale , Bernie Madoff runs a US$50 billion Ponzi scheme, where Lehman Brothers no longer exists and AIG is bai. .9 billion on the back of EURA Fast Paced Personal Apologetic - Great Read Paul Sharpe Rogue Trader is a well written, fast paced, intimate first hand apologetic of Nicky Leeson's dealings on the Simex trading floor in Singapore and how he managed to run up huge losses to the tune of £600 million without anyone noticing and breaking one of England's oldest merchant banks. In a world where Jerome Kerviel loses EUR4.9 billion on the back of EUR49.9 billion in unauthorized trades for Société Générale , Bernie Madoff runs a US$50 billion Ponzi scheme, where Lehman Brothers no longer exists and AIG is bai. 9.9 billion in unauthorized trades for Société Générale , Bernie Madoff runs a US$50 billion Ponzi scheme, where Lehman Brothers no longer exists and AIG is bai. A trader going to jail, good story Stephen Samperi Over 350 pages (small pages)and easy to read, chronological and a little funny. Entertaining and very detailed account of what Nick Leeson did to cause Baring's Bank to collapse. I would have liked the book more if Nick described his trading in the pit more in his career than just when he was doubling down on his huge losses at the very end. He shows several official statements from authorities and people at the bank. Many people around him were described. I recommend this book to anyone interested in futures trading, bond trading or the Baring's c
Hair-raisingas revealing a document about contemporary Britain as all 2,000 pages of the Scott Report - OBSERVERThe story of Leeson and his bride has it all: filthy lucre, brazen abuse of power, and boy-meets-girl romance - SUNDAY TIMESSusan Harrison, AMAZON.CO.UK REVIEWSimultaneously entertaining and appalling - FINANCIAL TIMES'When Nick Leeson was arrested in 1995 for bringing Barings Bank to its proverbial knees, it initially seemed as if he had single handedly crushed this most well-established and well-respected financi
His immediate success led to his transfer to Singapore. The rest is history. In August 1998 it was revealed that he has contracted cancer. . Nick Leeson was born in Watford in 1967 and after a stint at Morgan Stanley joined Baring Brothers in 1989