Nick Leeson

Friday Movie Night - 25 Million Pounds

hot buttered popcorn It's Friday Night! Party Time!   Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!

 

25 Million Pounds is an Adam Curtis documentary on Nick Leeson and the collapse of Barings Bank. This happened in 1995 where one rogue trader, Nick Leeson, through futures trading, brought down the entire bank. Think about this and then Enron, WorldCom, Dot Con and now our current debacle and may I suggest all simply get over their Conservative/Liberal/Tea Party/Netroots/Progressive/Populist/GOP/Dem/Green/Contitution/Capitalism/Socialism/Libertarianism divide, all join forces and demand we get real financial reform? We've gone from one rogue trader to as an entire global sector....rogue trading as general practice. Enjoy.