📱 eBook en inglés THE ROGUE TRADER

How One Man in Singapore Bankrupted the Queen's Bank

JAMES T. PERCIVAL

epubli- 9783565264353

Economía financiera

Sinopsis de THE ROGUE TRADER

Barings Bank was the oldest merchant bank in London. It financed the Napoleonic Wars and held the Queens money. In 1995, it was sold for £1. Why? Because a 28-year-old trader named Nick Leeson had secretly lost $1.3 billion betting on the Japanese stock market.
Leeson wasnt an evil genius; he was a frantic young man trying to hide a small mistake in a secret account numbered "88888". As the losses grew, he doubled down, hoping for a miracle, while his bosses in London praised his "profits." This book details the psychological pressure of the "Doubling Down" fallacy and the total failure of corporate oversight. It is a terrifying look at how a single unchecked employee can bring down a 233-year-old institution.

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Ficha técnica


Editorial: Epubli

ISBN: 9783565264353

Idioma: Inglés

Fecha de lanzamiento: 22/02/2026

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