Rogue Trader Loses Bank $7 Billion

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  • Vendot
    Confirmed User
    • May 2002
    • 3376
    #1

    Rogue Trader Loses Bank $7 Billion

    http://business.timesonline.co.uk/to...cle3242996.ece

    Guy did a Nick Leeson
    "In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell
    Tags: None
    • MikeB
      Confirmed User
      • Feb 2002
      • 2012
      #2
      How did he hide it so well?

        Comment

        • Vendot
          Confirmed User
          • May 2002
          • 3376
          #3
          I guess youll have to wait for the book, and the movie...
          "In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell

            Comment

            • pizzaid
              Confirmed User
              • Oct 2007
              • 406
              #4
              wow.....
              Sponsors I Recomend
              Hawt Money Silver Cash Blazing Bucks

                Comment

                • Xrated J
                  Confirmed User
                  • Sep 2006
                  • 4347
                  #5
                  Originally posted by pizzaid
                  wow.....
                  wow doesnt quite cover that

                    Comment

                    • Big John
                      Confirmed User
                      • May 2006
                      • 470
                      #6
                      Lot of cash
                      Last edited by Big John; 01-24-2008, 10:28 AM.

                        Comment

                        • BOSS1
                          Confirmed User
                          • Sep 2005
                          • 4331
                          #7
                          Originally posted by Big John
                          Lot of cash
                          1bil = 1000 mil everywhere in the world

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                            • DaddyHalbucks
                              A freakin' legend!
                              • Feb 2004
                              • 18975
                              #8
                              That's alot of baguettes.
                              Boner Money

                                Comment

                                • xmas13
                                  Confirmed User
                                  • Dec 2004
                                  • 5176
                                  #9
                                  The guy had positions worth $70 billion. They stopped him after a loss of 10%.

                                  ICQ 557504926

                                    Comment

                                    • Vendot
                                      Confirmed User
                                      • May 2002
                                      • 3376
                                      #10
                                      Originally posted by xmas13
                                      The guy had positions worth $70 billion. They stopped him after a loss of 10%.
                                      Thats crazy.... can you imagine what had happened if it went 100% the other way and he scored $70 billion for the bank
                                      "In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell

                                        Comment

                                        • Drake
                                          Hello world!
                                          • Mar 2003
                                          • 12508
                                          #11
                                          Holy smokes!

                                            Comment

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