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...

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...

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...