One Trader Destroyed a 233-Year-Old Bank (The Barings Collapse)
Gone With the Money
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One Trader Destroyed a 233-Year-Old Bank (The Barings Collapse)
4 просмотра · 11 дн. назад
Gone With the Money
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4 просмотра · 11 дн. назад
In 1995, a 27-year-old trader named Nick Leeson brought down Barings, Britain's oldest merchant bank, with one secret account: 88888. This is how £827 million disappeared, and why nobody noticed until it was too late.
AI reconstruction: some scenes are AI-generated visual reconstructions and do not show real people.
Chapters:
0:00 The note: "I'm sorry"
0:40 The sixth great power
1:21 A clerk from Watford
2:00 Player and referee
2:41 Account 88888
3:20 The fake profits
4:01 Doubling down
4:46 The bet on a calm market
5:20 The Kobe earthquake
6:11 On the run
6:50 Sold for £1
7:11 Arrest and prison
7:57 The lesson
8:39 What's next
Sources:
Singapore National Library Board, Infopedia: Collapse of Barings
Encyclopaedia Britannica: Bankruptcy of Barings Bank
Wikipedia: Barings Bank; Nick Leeson
#barings #nickleeson #roguetrader #moneystories