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THE INSIDE STORY OF THE SPECTACULAR COLLAPSE OF BRITAIN'S 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 single-handedly to bring its knees one of Britain's oldest and most venerable financial institutions. How could it 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. Hers is the inside story, the first and most authoritative account of the Barings affair.
"Relying on an impressive bevy of inside sources...Rawnsley gets as close as anyone to telling the full story...she writes with panache about the fantastic glitter of the world of money trading that blinded Leeson"
TIME
"Judith Rawnsley is able to bring a torch into two dark corners of the tale...: the mind of the individual gambler and the managerial dynamics that allowed the gambler to blow everyone else's chips...[she] breaks new ground"
HAMISH MCRAE, 'Independent'
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Book Description Paperback. Condition: Good. The book has been read but remains in clean condition. All pages are intact and the cover is intact. Some minor wear to the spine. Seller Inventory # GOR002810993
Book Description Paperback. Condition: Very Good. This book charts the development of Baring securities: its employment policies, work ethics and the professional environment created by Christopher Heath. It describes the climate of greed which fostered the rise of Nick Leeson, the political struggles within the company which accomodated his rise to power, and the circumstances which allowed his fraudulent trading activites to go unchecked for over two years, culminating in the dramatic collapse of the Queen's bankers. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. Seller Inventory # GOR003639167
Book Description Paperback. Condition: Used; Good. **SHIPPED FROM UK** We believe you will be completely satisfied with our quick and reliable service. All orders are dispatched as swiftly as possible! Buy with confidence! Greener Books. Seller Inventory # mon0000069156
Book Description Condition: Very Good. 1996. New Ed. Paperback. Used paperback in very good condition. Some shelf wear. . . . . Books ship from the US and Ireland. Seller Inventory # KRF0043101
Book Description Condition: Very Good. 1996. New Ed. Paperback. Used paperback in very good condition. Some shelf wear. . . . . Seller Inventory # KRF0043101