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Originally Posted by Dr. Zogg
As Snow said, this is how Leeson lost an entire bank.
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Nick Leeson, my claim to fame, I lived in the apartment next door to where his sister lived and met him twice.
I still reckon if Barings hadn't closed his positions in a panic they could have traded out of that loss. He was unlucky though, what was it, an earthquake in Asia?
Mick