Going For Broke: Nick Leeson And The Collapse Of Barings Bank Judith Rawnsley

ISBN: 9780006387282

Published:

Paperback

124 pages


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Going For Broke: Nick Leeson And The Collapse Of Barings Bank  by  Judith Rawnsley

Going For Broke: Nick Leeson And The Collapse Of Barings Bank by Judith Rawnsley
| Paperback | PDF, EPUB, FB2, DjVu, talking book, mp3, ZIP | 124 pages | ISBN: 9780006387282 | 6.73 Mb

The inside story of the spectacular collapse of Britains oldest merchant bank.In 1994, Nick Leeson - king of the Singapore traders - seemed to be making Barings as much as $10 million a week. By February 1995, it was clear that his losses -MoreThe inside story of the spectacular collapse of Britains oldest merchant bank.In 1994, Nick Leeson - king of the Singapore traders - seemed to be making Barings as much as $10 million a week.

By February 1995, it was clear that his losses - approaching £850 million - were large enough singlehandedly to bring to its knees one of Britains oldest and most venerable financial institutions. How could this happen? Could it happen again?Judith Rawnsley, a former employee of Barings in the Far East, is in a unique position to provide the answers.

In this unprecedented study of the internal operations of Barings, she charts the seven-year build-up to an accident waiting to happen, detailing the managerial politics and conflicts that set the stage for the disaster in London and the Far East, the culture and psychology of the trading floor.

Here is the inside story, the first and most authoritative account of the Barings affair.



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