How I Bankrupted Barings
Author: Nick Leeson
English.: Rogue Trader
Publisher: Case, 2011.
Softcover, 480 pp.
ISBN 978-5-91848-004-5, 978-0-7515-17008-8
Circulation: 3000 copies.
Format: 84×108/32 (~130x205 mm)
THE CONTENTS OF THE BOOK ON FINANCIAL FRAUD OF THE TRADER
For the first time the legendary memoirs are published in Russian Singapore trader английского банка «Бэрингз», which led to bankruptcy in 1995. The author of the book managed for several years to hide losses in a secret account, eventually exceeding $1.3 billion.
Written in the genre of economic thriller and read in the same breath, the book not only tells the financial background of the case, but also reveals the psychology of fraud: what prompted the risk and carefully conceal losses, how to delay the game, why remains a shaky hope of salvation. Another storyline concerns the inner workings of an investment bank and its financial regulators. According to Leeson, British authorities did not demand his extradition for fear of shocking revelations.