Lessons on Japan quake from rogue trader Leeson
TOKYO, April 5 – Nick Leeson was flipping through television channels on March 11 when he saw the shocking images of the Japan earthquake. It provided a stark reminder for the one-time high-flying broker because Japan’s last major temblor led to the exposure of his massive loss-making trading positions that sank his 233-year-old bank. The market …

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