Crashes and Crises: Lessons from a History of Financial Disasters

Rogue Traders at SocGen and Barings (1x19)

Air date: Aug 16, 2018

Test Professor Fullenkamp's theory that all rogue traders are the same by studying two infamous insiders: Jerome Kerviel, who cost the French bank Societe Generale more than $6 billion, and Nick Leeson, whose errant trading bankrupted Baring Brothers. Find out how trading firms are organized, and pinpoint the Achilles heel that allowed both men to go rogue.