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Monday, March 14

Remembering Nick Leeson amid this difficult time

It is sad that Japan suffered from a massive Earthquake, I extend my sympathies to all the affected victims of the wrath of nature. It reminds once again that life is fragile and that we should cherish it.

It is also a difficult time for many traders all over the world, especially those who took huge speculative bets like Nick Leeson who caused the utter collapse of Barings bank. I recommend watching the movie Rogue Trader to understand how Nick Leeson excessive bets destroyed the bank that used to hold the Royal Family wealth.

Here is a short scene from the movie..

Once again, let’s pray that Japan will recover quickly and that everyone remain strong.

1 comment:

silver investing said...

I do feel for the Japanese people and the Government. It is really shocking but do pray and that everyone be strong.
Thanks for sharing

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