I completely agree, but it's no longer a secret that banks operate irresponsibly. There are many other cases just like this one.

The bank should also have been held accountable for not supervising him or putting controls on leverage and capital reserves

Bell_curve

I made a mistake when publishing and did not realize that some of the information was left out of the publication, so I am attaching it here.

On February 23, 1995, “Lesson” fled, leaving a note that said “I'm sorry.” Barings Bank was declared insolvent on February 26 and sold to ING for £1. “Lesson” was arrested in Germany, extradited to Singapore, and sentenced to six and a half years in prison, although he was released in 1999 after being diagnosed with colon cancer.

Rogue Trader, in 1996, which was made into a movie in 1999 starring Ewan McGregor.

 He currently lives in Ireland and works as a motivational speaker and trading educator.

charts_and_maps

Nick Lesson 📉

flat24

# **I made a mistake when publishing and did not realize that some of the information was left out of the publication, so I am attaching it here.** 

**Consequences** 

On February 23, 1995, “Lesson” fled, leaving a note that said “I'm sorry.” Barings Bank was declared insolvent on February 26 and sold to ING for £1. “Lesson” was arrested in Germany, extradited to Singapore, and sentenced to six and a half years in prison, although he was released in 1999 after being diagnosed with colon cancer. 

**Later life**

He wrote his autobiography, **Rogue Trader, in 1996, which was made into a movie in 1999 starring Ewan McGregor.** He currently lives in Ireland and works as a motivational speaker and trading educator.

Source: Wikipedia.

I made a mistake when publishing and did not realize that some of the information was left out of the publication, so I am attaching it here.I made a mistake when publishing and did not realize that some of the information was left out of the publication, so I am attaching it here.