20 Traders Who Lost More than a Billion

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Lost USD 9 Billion in Credit Default Swaps   Year: 2008 Trader: Howie Hubler Company: Morgan Stanley   Lost USD 7.22 Billion in European Index Futures   Year: 2008 Trader: Jerome Kerviel Company: Societe Generale   Lost USD 6.69...

Nick Leeson bankrupt Barings Bank

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Nick Leeson bankrupt Barings Bank Since late 1992, Nick Leeson had been hiding trading losses in an account 88888. On 16 January 1995, Nick Leeson...

Bankruptcy of Lehman Brothers

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Bankruptcy of Lehman Brothers On September 15, 2008, 158 years old US investment banking giant Lehman Brothers Inc filed for bankruptcy. At the time, it was...