Fay, Stephen The Collapse of Barings

ISBN 13: 9780099182429

The Collapse of Barings

 
9780099182429: The Collapse of Barings

How could Britain's oldest and most aristocratic merchant bank, which numbered the Queen among its clients, collapse with debts of #869 million? And why did a well-paid, high-flying 28-year-old son of a plasterer from Watford end up sentenced to six-and-a-half years in a Singapore gaol? This book contends that the answer lies in a combination of panic, ignorance and greed. The author sets out to reveal the cover-ups and lies, the gross negligence with which Barings was run, and the laxity of supervision in both the UK and Singapore, which combined to provide the perfect climate for Nick Leeson's massive fraud.

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Fay, Stephen
Published by Arrow (1996)
ISBN 10: 0099182424 ISBN 13: 9780099182429
New Paperback Quantity Available: 1
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Booked Again
(Summit, NJ, U.S.A.)
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Book Description Arrow, 1996. Paperback. Book Condition: New. New item. Bookseller Inventory # QX-199-42-7599007

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