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Podcast: The Peter McCormack Show
Episode: #117 - Nick Leeson - I Lost £862 Million and Collapsed a Bank
Description: In 1995, 28-year-old trader Nick Leeson caused the collapse of Barings Bank after racking up £862 million in hidden losses. He fled Singapore, was arrested in Frankfurt, extradited and served over 4 years in a Singaporean prison. We cover: – How it started with a £10K loss – What went wrong, who knew & how it was hidden – Why the bank kept giving him money – Being on the run – Life in prison & how it changed him – Reflecting on success, failure & fatherhood CONTACT PETE › Website - http://petermccormack.com › Feedback - https://www.petermccormack.com/contact...