The Rogue Trader That Broke Britain's Oldest Bank.

Описание: In February 1995, Nick Leeson, a 28-year-old trader from Watford, hid massive losing bets on Nikkei futures in a secret "88888" account. One junior error in 1992 snowballed into a black hole—Barings wired £850M from London, thinking it funded the business of a "star trader". The Kobe earthquake triggered the endgame.

From back-office clerk to rogue speculator, Leeson exploited zero controls: trading + settlement in one hand. London ignored audit red flags, forged docs fooled Coopers & Lybrand, and family chairman Peter Baring resigned as ING bought the wreckage for £1.

Welcome to Crooks in Suits—chartered accountant Ray uncovers financial frauds. Subscribe for Enron, Wirecard, Madoff deep dives.

Timestamps:
0:00 - Hook: The 88888 Disaster
1:02 - Barings' Elite Legacy
2:45 - Leeson's Rise & Controls Fail
4:30 - Futures Explained
6:15 - Hidden Losses Build
9:20 - Kobe Earthquake Unravels It
11:10 - Collapse & Fallout
13:00 - Leeson's Fate
14:30 - Real Lessons