Rogue Trader - Nick Leeson with Edward WhitleyLondon: Little, Brown & Company, 1996, Hardback in Dust Wrapper.
Condition: Very Good — in Very Good Dust Wrapper. A little rubbing to the edges of the dust wrapper. Text complete, clean and tight but a little age-tanned.
Illustrated by way of: Black and White Photographs;
From the cover: “Few news stories have grabbed the world’s headlines quite like the collapse of Barings merchant bank in late February 1995.
Trusted with the finances of royalty and aristocracy for over two hundred years, Barings had apparently been brought down by the covert trading activities of just one man, leaving the bank with losses of around £850 million.
The fate of that man, Nick Leeson, is now well known. But, until the publication of Rogue Trader, Leeson’s role in the affair has been shrouded in rumour and speculation. The story he has to tell surpasses the feats of imagination of the most creative novelist: the candid, compelling and true confession of a pure gambler who found himself sucked into a spiral of terrifying loss.
Rogue Trader takes us from Leeson’s humble beginnings as a Watford plasterer’s son to the very heart of the cut-and-thrust empire he made his own: SIMEX, the Singapore money market that witnessed both Leeson’s phenomenal rise to prominence and devastating fall from grace. It is a portrait of organised chaos in one of the most stressful jobs in the world, showing us the frenetic culture of the trading pit and revealing not only the forces that led him to use the infamous 88888 account, but also the ways in which he dealt with the losses, avoided detection, and participated in the near-farcical endgame which sparked the most extraordinary news story in recent years. The world marvelled as he and his wife Lisa, who until then had known nothing of the losses, made their escape as the bank collapsed around them, only to return to acknowledge the results of Leeson’s activities and face their onerous consequences.
Pressure, pace, error: Leeson reveals in breathtaking style the inside story of this amazing chain of events. Crackling with dialogue and characters, in a narrative as crisp as any thriller, Rogue Trader is the hugely compelling account of a man shaped by events that proved beyond his control.”