skip to content
Total risk : Nick Leeson and the fall of Barings Bank Preview this item
ClosePreview this item
Checking...

Total risk : Nick Leeson and the fall of Barings Bank

Author: Judith H Rawnsley; Nicholas William Leeson
Publisher: New York, NY : HarperBusiness, 1995.
Edition/Format:   Print book : English : 1st edView all editions and formats
Summary:
For over 200 years Barings Bank was one of the leading financial institutions in England. In 1803 it was instrumental in financing the Louisiana Purchase, and during the 19th century its financial clout was felt throughout the British Empire. But early in 1995 this preeminent London-based firm was brought down by one man: Nicholas Leeson. How and why it happened is chronicled by Rawnsley, herself a former employee  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Additional Physical Format: Online version:
Rawnsley, Judith H.
Total risk.
New York, NY : HarperBusiness, 1995
(OCoLC)655739755
Named Person: Nicholas William Leeson; Nick Leeson
Document Type: Book
All Authors / Contributors: Judith H Rawnsley; Nicholas William Leeson
ISBN: 0887307817 9780887307812
OCLC Number: 33275953
Notes: Originally published under the title: Going for broke.
Includes index.
Description: xiv, 206 pages : illustrations, portrait ; 24 cm
Contents: King of SIMEX --
Fall out --
The heath cult --
The tail begins to wag --
The Parmiter's boy --
The turbulence --
Betting on the future --
One mutant cell --
Pit bull --
Error account 88888.
Responsibility: Judith H. Rawnsley.

Abstract:

For over 200 years Barings Bank was one of the leading financial institutions in England. In 1803 it was instrumental in financing the Louisiana Purchase, and during the 19th century its financial clout was felt throughout the British Empire. But early in 1995 this preeminent London-based firm was brought down by one man: Nicholas Leeson. How and why it happened is chronicled by Rawnsley, herself a former employee of Barings. Leeson, depicted as overly ambitious, emerged from the back office and was posted to Singapore, where he quickly became involved in trading. According to Rawnsley, Leeson "lived for the limelight of the trading floor." Leeson was so good at winning that he quickly became a star trader. But he made mistakes and tried covering them up, continuing to lose even more money. It was just a matter of time before it all came crashing down. Leeson was the catalyst for the debacle, but Rawnsley also points a finger at Barings management for a faulty risk management system and for fostering an environment where "rogue traders" were allowed to wreak havoc. An entertaining and topical book recommended for all nonfiction collections.? Richard Drezen, Washington Post News Research Ctr., Washington, D.C.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/33275953> # Total risk : Nick Leeson and the fall of Barings Bank
    a schema:CreativeWork, schema:Book ;
   library:oclcnum "33275953" ;
   library:placeOfPublication <http://experiment.worldcat.org/entity/work/data/37850407#Place/new_york_ny> ; # New York, NY
   library:placeOfPublication <http://id.loc.gov/vocabulary/countries/nyu> ;
   schema:about <http://experiment.worldcat.org/entity/work/data/37850407#Organization/barings_bank> ; # Barings Bank.
   schema:about <http://id.worldcat.org/fast/891019> ; # Derivative securities
   schema:about <http://id.worldcat.org/fast/1016934> ; # Merchant banks
   schema:about <http://dewey.info/class/332.660941/e20/> ;
   schema:about <http://viaf.org/viaf/24709989> ; # Nicholas William Leeson
   schema:about <http://viaf.org/viaf/268845014> ; # Barings Bank.
   schema:about <http://experiment.worldcat.org/entity/work/data/37850407#Topic/merchant_banks_great_britain> ; # Merchant banks--Great Britain
   schema:about <http://id.worldcat.org/fast/826658> ; # Bank failures
   schema:about <http://experiment.worldcat.org/entity/work/data/37850407#Person/leeson_nick_1967> ; # Nick Leeson
   schema:about <http://experiment.worldcat.org/entity/work/data/37850407#Topic/bank_failures_great_britain> ; # Bank failures--Great Britain
   schema:about <http://id.worldcat.org/fast/1204623> ; # Great Britain.
   schema:bookEdition "1st ed." ;
   schema:bookFormat bgn:PrintBook ;
   schema:contributor <http://viaf.org/viaf/24709989> ; # Nicholas William Leeson
   schema:creator <http://viaf.org/viaf/163204744> ; # Judith H. Rawnsley
   schema:datePublished "1995" ;
   schema:description "King of SIMEX -- Fall out -- The heath cult -- The tail begins to wag -- The Parmiter's boy -- The turbulence -- Betting on the future -- One mutant cell -- Pit bull -- Error account 88888."@en ;
   schema:description "For over 200 years Barings Bank was one of the leading financial institutions in England. In 1803 it was instrumental in financing the Louisiana Purchase, and during the 19th century its financial clout was felt throughout the British Empire. But early in 1995 this preeminent London-based firm was brought down by one man: Nicholas Leeson. How and why it happened is chronicled by Rawnsley, herself a former employee of Barings. Leeson, depicted as overly ambitious, emerged from the back office and was posted to Singapore, where he quickly became involved in trading. According to Rawnsley, Leeson "lived for the limelight of the trading floor." Leeson was so good at winning that he quickly became a star trader. But he made mistakes and tried covering them up, continuing to lose even more money. It was just a matter of time before it all came crashing down. Leeson was the catalyst for the debacle, but Rawnsley also points a finger at Barings management for a faulty risk management system and for fostering an environment where "rogue traders" were allowed to wreak havoc. An entertaining and topical book recommended for all nonfiction collections.? Richard Drezen, Washington Post News Research Ctr., Washington, D.C."@en ;
   schema:exampleOfWork <http://worldcat.org/entity/work/id/37850407> ;
   schema:inLanguage "en" ;
   schema:isSimilarTo <http://www.worldcat.org/oclc/655739755> ;
   schema:name "Total risk : Nick Leeson and the fall of Barings Bank"@en ;
   schema:productID "33275953" ;
   schema:publication <http://www.worldcat.org/title/-/oclc/33275953#PublicationEvent/new_york_ny_harperbusiness_1995> ;
   schema:publisher <http://experiment.worldcat.org/entity/work/data/37850407#Agent/harperbusiness> ; # HarperBusiness
   schema:workExample <http://worldcat.org/isbn/9780887307812> ;
   wdrs:describedby <http://www.worldcat.org/title/-/oclc/33275953> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/37850407#Agent/harperbusiness> # HarperBusiness
    a bgn:Agent ;
   schema:name "HarperBusiness" ;
    .

<http://experiment.worldcat.org/entity/work/data/37850407#Person/leeson_nick_1967> # Nick Leeson
    a schema:Person ;
   schema:birthDate "1967" ;
   schema:familyName "Leeson" ;
   schema:givenName "Nick" ;
   schema:name "Nick Leeson" ;
    .

<http://id.worldcat.org/fast/1016934> # Merchant banks
    a schema:Intangible ;
   schema:name "Merchant banks"@en ;
    .

<http://id.worldcat.org/fast/1204623> # Great Britain.
    a schema:Place ;
   schema:name "Great Britain." ;
    .

<http://id.worldcat.org/fast/826658> # Bank failures
    a schema:Intangible ;
   schema:name "Bank failures"@en ;
    .

<http://id.worldcat.org/fast/891019> # Derivative securities
    a schema:Intangible ;
   schema:name "Derivative securities"@en ;
    .

<http://viaf.org/viaf/163204744> # Judith H. Rawnsley
    a schema:Person ;
   schema:familyName "Rawnsley" ;
   schema:givenName "Judith H." ;
   schema:name "Judith H. Rawnsley" ;
    .

<http://viaf.org/viaf/24709989> # Nicholas William Leeson
    a schema:Person ;
   schema:familyName "Leeson" ;
   schema:givenName "Nicholas William" ;
   schema:name "Nicholas William Leeson" ;
    .

<http://viaf.org/viaf/268845014> # Barings Bank.
    a schema:Organization ;
   schema:name "Barings Bank." ;
    .

<http://worldcat.org/isbn/9780887307812>
    a schema:ProductModel ;
   schema:isbn "0887307817" ;
   schema:isbn "9780887307812" ;
    .

<http://www.worldcat.org/oclc/655739755>
    a schema:CreativeWork ;
   rdfs:label "Total risk." ;
   schema:description "Online version:" ;
   schema:isSimilarTo <http://www.worldcat.org/oclc/33275953> ; # Total risk : Nick Leeson and the fall of Barings Bank
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.