Rogue Trader

Rogue Trader PDF
Author: Nick Leeson
Publisher: Sphere
ISBN: 9780751517088
Size: 16.56 MB
Format: PDF, Docs
Category : Bank failures
Languages : en
Pages : 367
View: 1808

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Pressure, pace, error: ROGUE TRADER grippingly tells the inside story of how the greatest gamble ever made rocked the City of London to its foundations. Crackling with tension, in a narrative as crisp as any thriller, Nick Leeson's autobiographical account reveals how he 'lost' £800 millions as General Manager of Baring Futures Singapore through foolhardy speculations on behalf of his employer, Barings Brothers - the world's first merchant bank. As Leeson's audacity escalated, so did his losses while London continued to pour money down the drain. ROGUE TRADER is a dazzlingly revealing story of a man shaped by events that proved beyond his control.

Rogue Trader

Rogue Trader PDF
Author:
Publisher:
ISBN: 9780788817939
Size: 12.28 MB
Format: PDF, ePub
Category : Criminal procedure
Languages : en
Pages :
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One man's ambition causes one of the greatest financial disasters in history.

How To Be A Rogue Trader

How To Be a Rogue Trader PDF
Author: John Gapper
Publisher: Penguin
ISBN: 110157092X
Size: 15.75 MB
Format: PDF, ePub, Mobi
Category : Business & Economics
Languages : en
Pages : 40
View: 4807

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A compelling, topical e-book on the motives and patterns of rogue traders, and the investment banking system that hosts them, by John Gapper of the Financial Times. Nick Leeson at Barings. Jerome Kerviel at Societe Generale. John Rusnak at Allied Irish Banks. And now the thirty-one-year-old Kweku Adoboli, a director on a derivatives desk who allegedly ran up $2.3 billion in losses at UBS. These are the rogue traders who have bought banks to their knees and global financial systems to a halt. Each time, the banks declare themselves to be innocent victims of a fraud. But why do traders keep on committing apparently senseless crimes, with little benefit apart from higher bonuses and an enormous risk of ending up in prison? And why do banks, which should have learned the tricks of the traders, keep being deceived? In this short e-book, the Financial Times associate editor John Gapper unlocks the mystery by delving into the evolutionary risk-taking instincts of both humans and animals—from yellow-eyed junco sparrows in Arizona to honeybees. He reveals how banks encourage their traders to evade risk limits and shows how the rogue traders merely mimic the strategies used by their firms to seem more profitable than they really are. A rogue trader is often an outsider who starts in a lowly role and secretly gambles with a bank's money in a bid to become a star. Gapper traces patterns of behaviour and personality that could be used to catch them before disaster strikes. But do the banks really want to? And are the rogue traders just the symptoms of a financial system gone rogue?

Rogue Traders

Rogue Traders PDF
Author: Source Wikipedia
Publisher: University-Press.org
ISBN: 9781230487106
Size: 30.95 MB
Format: PDF, ePub
Category :
Languages : en
Pages : 28
View: 7757

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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 27. Chapters: 2011 UBS rogue trader scandal, 2012 JPMorgan Chase trading loss, Anthony Elgindy, Brian Hunter (trader), Bruno Iksil, Jerome Kerviel, John Rusnak, List of trading losses, Nick Leeson, Robert Citron, Sumitomo copper affair, Toshihide Iguchi, Yasuo Hamanaka. Excerpt: In April and May 2012 large trading losses occurred at JPMorgan's Chief Investment Office, based on transactions booked through its London branch. The unit was run by Chief Investment Officer Ina Drew who has since stepped down. A series of derivative transactions involving credit default swaps (CDS) were entered into, reportedly as part of the bank's "hedging" strategy. Trader Bruno Iksil, nicknamed the London Whale, accumulated outsized CDS positions in the market. The original estimated trading loss of $2 billion was announced, with the final actual loss expected to be substantially larger. A number of investigations will examine the firm's risk-management system and its internal controls. In February 2012, hedge fund insiders such as Boaz Weinstein of Saba Capital Management became aware that the market in credit default swaps was possibly being affected by aggressive trading activities. The source of the unusual activity turned out to be Bruno Iksil, a trader for JPMorgan Chase & Co. and referred to as "the London Whale" in reference to the huge positions he was taking. Heavy opposing bets to his positions are known to have been made by traders, including another branch of JPMorgan, who purchased the derivatives JPMorgan was selling in such high volume. Early reports were denied and minimized by the firm in an attempt to minimize exposure. Major losses, $2 billion, were reported by the firm in May, 2012 in relationship to these trades; on July 13, 2012 the total loss was updated to $5.8 billion with the addition of a $4.4 billion loss in the second...

Rogue Trader

Rogue Trader PDF
Author: Fantasy Flight Games
Publisher: Fantasy Flight Games
ISBN: 9781616614553
Size: 48.49 MB
Format: PDF
Category : Games
Languages : en
Pages : 144
View: 3011

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The Dark Eldar are a plague upon the Koronus Expanse. Any who cross the Maw and sail the void of the Koronus Expanse learn to fear the wicked silhouettes of their ships and their seemingly endless cruelty towards all life, including their own. Only vigilance and firepower keep the worst depredations of these terrible raiders at bay. Do you have the courage to face them in the name of the Emperor? The Soul Reaver, an adventure in three parts for Rogue Trader, presents a chance for daring Explorers to look deep into the twisted heart of Dark Eldar society in the Koronus Expanse, where they'll attempt the greatest heist of their careers! This, along with a new playable xenos Career Path, the Dark Eldar Kabalite Warrior, offers players useful content long after the adventure concludes.

Rogue Trader Battlefleet Koronus

Rogue Trader  Battlefleet Koronus PDF
Author: Andy Chambers
Publisher: Fantasy Flight Games
ISBN: 9781616610715
Size: 75.10 MB
Format: PDF, Docs
Category : Games
Languages : en
Pages : 144
View: 1132

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Battlefleet Koronus is an extensive sourcebook for the Warhammer 40,000 Rogue Trader Roleplay Game, covering the myriad starships traversing the Koronus Expanse. It also provides a host of enemy starships to challenge Explorers, and delves into the rich history of the Imperial Navy and Battlefleet Calixis. With new rules on Nova Cannons, torpedoes, attack crafts, and squadrons, plus new options for outfitting player ships, this book is perfect for players and GMs alike!

Rogue Traders Hc

Rogue Traders  HC  PDF
Author: Scott E.D. Skyrm
Publisher: ibooks
ISBN: 1590190017
Size: 32.17 MB
Format: PDF, Mobi
Category : Biography & Autobiography
Languages : en
Pages : 248
View: 3807

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Ever since the earliest days of commerce, business people have organized themselves into partnerships. They formed groups with a common interest and worked together as a single unit, assuming both the risks and rewards of the business. It was a natural way of achieving a common goal. If the business succeeded, all of the partners made money. If it flourished, the partners even sometimes became rich. However, success wasn’t assured and if the business failed, they all suffered together. In addition to a multitude of other industries, this was the model that dominated how Wall Street firms operated up until the 1980’s. Beginning in the 1980’s, it was not uncommon to find that a freshly-hired trainee – a kid literally right out of college – knew more about the new financial instruments than the CEO of the firm that hired him. In some instances, the kids were learning about the finer points of newly-invented instruments before their managers knew they even existed. These were the new breed of traders scattered across the trading desks. The individuals whose stories compose the contents of this book are some of the smartest people you’ll ever read about. They had an intimate understanding of the markets and how best to make money from them, but they also had an equally in-depth knowledge of some of the flaws in the markets. Or sometimes, flaws in the systems at the banks themselves. They used their knowledge to make money. And when that failed, they often used their knowledge of how they system was structured to hide their losses. And when that failed, there was no turning back.

Rogue Traders

Rogue Traders PDF
Author: iMinds
Publisher: iMinds Pty Ltd
ISBN: 1921761156
Size: 71.38 MB
Format: PDF
Category : Business & Economics
Languages : en
Pages : 2
View: 5141

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A rogue trader is an employee of a company who makes unauthorised trades on behalf of their employer. It is a way employees use their job to make fraudulent trades. Regardless of the economic climate, rogue traders work illegally to make up for company losses they have incurred while trading for their company. For much of history, society as a whole has defined criminals as those defective in intelligence. However, there are certain crimes which can only be committed by those who have a certain amount of education or training.

My Billion Dollar Education

My Billion Dollar Education PDF
Author: Toshihide Iguchi
Publisher: Toshihide Iguchi
ISBN:
Size: 57.93 MB
Format: PDF, Mobi
Category : Business & Economics
Languages : en
Pages : 380
View: 5789

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The true untold story of a rogue trader, whose decision to right a wrong ignited a series of political maneuvering by American and Japanese officials, leading to the expulsion of a major Japanese bank from the U.S. Toshihide Iguchi, formerly an Executive VP and U.S. Government Bond trader at Daiwa Bank's New York Branch, was responsible for $1.1 billion in unauthorized trading losses accumulated over a period of 12 years beginning in 1983. At 18, Toshihide Iguchi came to the U.S. with high hopes. Graduating from college in Missouri, marrying a St. Louis girl, and landing a promising job at Daiwa Bank in New York, he was ready to embark on his American dream. Unbeknownst to him, a storm of unprecedented financial deregulation on both sides of the Pacific was about to rage... Twelve years later, he found himself in the maximum security ward of a Manhattan jail, surrounded by Arab terrorists and a Mafia boss. The author looks back on his psychological struggles and redemption, which gave him valuable insight in helping others to prevent future billion dollar trading losses, tying in more recent rogue trading cases, discussing common misconceptions of rogue trading as well as operational risks that continue to exist in financial institutions today.

Rogue Trader

Rogue Trader PDF
Author: Nathan Dowdell
Publisher: Fantasy Flight Games
ISBN: 9781616614683
Size: 34.26 MB
Format: PDF, ePub, Mobi
Category : Games
Languages : en
Pages : 142
View: 2423

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The Warp is a domain of nightmares, filled with insanity made manifest and ethereal predators hungry for souls. Yet it is this shadowy realm that a Rogue Trader must tread to seek fame and fortune amongst the stars. The Navis Primer, a supplement for Rogue Trader, reveals the secret history of the Koronus Expanses Navigator Houses, while unveiling the Astropath Voidfrost and Soul Ward Disciplines. Players can unleash the unpredictable might of the Waaagh! with the Ork Weirdboy career path, and uncover new warp-touched powers, alternate career ranks, and elite advances for Explorers of all kinds. Whats more, The Navis Primer provides expanded rules for navigation and astrotelepathic communication, and presents terrifying new hazards and foes from the depths of the Expanse!

Rogue Trader

Rogue Trader PDF
Author: Steve White
Publisher:
ISBN: 9781907294044
Size: 44.13 MB
Format: PDF, ePub, Docs
Category :
Languages : en
Pages : 232
View: 7073

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Dave Mackenzie, the man, the legend-superstar pilot, supplier of weapons, lover of women, connoisseur of fine ales and transporter of toilet rolls. Following a less than electrifying Naval career and after being required to resign from the latest in a string of jobs, Dave awoke on his thirtieth birthday on a distant tropical beach, suffering from a hangover with a strange black substance soaking into the crotch of his shorts. Things would have to change, starting with the shorts. The unforeseen "re-direction" in his career threw Dave headfirst into the roller coasting, cut-throat, money driven world of the freelancer, where the next five years saw him transport everything from sex toys to sniper rifles through solar flares, thunderstorms, searing heat and blinding cold to every destination under the stars.

Rogue Trader

Rogue Trader PDF
Author: Fantasy Flight Games
Publisher: Fantasy Flight Games
ISBN: 9781589947948
Size: 53.60 MB
Format: PDF
Category : Games
Languages : en
Pages : 142
View: 4293

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Lure of the Expanse, the latest book for Rogue Trader, features three adventures set amongst the unexplored stars beyond the Imperium. Wealth and glory await those with the courage to venture into the farthest reaches of space. In "Eye of the Needle," your Explorers will travel to the perilous port of Footfall to learn of a dark prophecy of long-lost riches. In "The Heathen Trail," the Explorers find themselves on the path of uncountable riches... but they must cross the wild tracts of the Heathen Stars. Threats abound, but can the Explorers transform danger into rewards? Finally, in "The World Beyond," the Explorers discover the location of the legendary treasure world. Now, can they prevail against a host of enemies?

Rogue Trader Core Rulebook

Rogue Trader Core Rulebook PDF
Author: Fantasy Flight Games
Publisher: Fantasy Flight Games
ISBN: 9781589946750
Size: 54.44 MB
Format: PDF, ePub, Docs
Category : Games
Languages : en
Pages : 396
View: 792

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In Rogue Trader, you take on the role of a Rogue Trader and his most trusted counselors, empowered by an ancient warrant of trade to seek out profit and plunder amongst unexplored regions of space. Your ship will take you to new worlds and uncharted reaches of the void, where you will encounter rivals, pirates, aliens, and possibly even creatures of the warp. You will acquire and spend great wealth and riches, and fame or infamy will follow. You will discover ancient and forgotten mysteries and search out the unknown to find lost human worlds or never-before-seen celestial phenomena. You must survive the dangers of space, for beyond the threat of vacuum and deadly radiation lurk things Man was never meant to find... To be part of a Rogue Trader's crew is to stand on the threshold of nearly unlimited opportunity. Vast profits await for you and your fellow Explorers to find and claim. Fame and fortune reward the bold, but the unwary find only an anonymous death. Begin your players' path to wealth and glory with a complete starting adventure that puts the Explorers right into the middle of the action. The Rogue Trader core rulebook contains everything you need to start your adventure in the Warhammer 40,000 universe.

Rogue Trader

Rogue Trader PDF
Author: Owen Barnes
Publisher: Fantasy Flight Games
ISBN: 9781616615949
Size: 21.85 MB
Format: PDF, ePub, Docs
Category : Games
Languages : en
Pages : 140
View: 2443

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Stars of Inequity, a supplement for Rogue Trader, is a detailed resource that focuses on the perilous worlds of the Koronus Expanse. Game Masters can create their own new realms with the World Generator, a system designed to craft unique planets filled with terrible risks and unmatched potential for profit. Players can brave the dangers of planetside missions, and with the Colony Creation rules, your group can construct, expand, and control its own outposts on the lost and forgotten worlds of the Expanse!