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Old 01-24-2008, 09:44 AM   #1
Vendot
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Rogue Trader Loses Bank $7 Billion

http://business.timesonline.co.uk/to...cle3242996.ece

Guy did a Nick Leeson
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Old 01-24-2008, 10:11 AM   #2
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How did he hide it so well?
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Old 01-24-2008, 11:49 AM   #3
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I guess youll have to wait for the book, and the movie...
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Old 01-24-2008, 12:04 PM   #4
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wow.....
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Old 01-24-2008, 12:06 PM   #5
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wow.....
wow doesnt quite cover that
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Old 01-24-2008, 12:26 PM   #6
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Lot of cash
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Old 01-24-2008, 12:29 PM   #7
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Lot of cash
1bil = 1000 mil everywhere in the world
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Old 01-24-2008, 12:30 PM   #8
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That's alot of baguettes.
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Old 01-24-2008, 12:30 PM   #9
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The guy had positions worth $70 billion. They stopped him after a loss of 10%.

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Old 01-24-2008, 02:05 PM   #10
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The guy had positions worth $70 billion. They stopped him after a loss of 10%.
Thats crazy.... can you imagine what had happened if it went 100% the other way and he scored $70 billion for the bank
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Old 01-25-2008, 02:53 AM   #11
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Holy smokes!
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