Total Risk

Total Risk by Judith H Rawnsley. Published by HarperBusiness, New York, NY, 1995. 1st US Edition. Hardbound, Paper DJ. Size 8vo (up to 9-1/2'' tall). Condition: Fine in Fine DJ. 206 Pgs. ISBN 0887307817. Nick Leeson and the Fall of Barings Bank. For more than two centuries, Baring Brothers dominated the global financial markets. It underwrote the Louisiana Purchase, funded the Napoleonic Wars, and rescued many a British firm during the Great Depression. It was Her Majesty's indestructible frigate, ever guarding known water while charting new ones. In 1992 Barings sent a young would-be trader named Nick Leeson to run its newly formed derivatives unit. By 1995 the twenty-eight-year-old had sunk the 250-year-old ship. Illustrated with photographs. Description text copyright 2000 BooksForComfort. Item ID 2785.