The Collapse Of Bearings
November 4th 2009 DAY 362
Ok, so someday’s a day does not work out quite like you expect, and today is one of those days, remember Nick Leeson and the bringing about of the collapse of Barings Bank in 1995 losing £827 million speculating on futures, if you read on then you will find that we had a collapse of Bearings, fortunately it does not mean a prison sentence and we certainly did not lose quite so much, bu
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