PPP KINGDOM

PPP KINGDOM

A ROGUE TRADER SPEAKS: “YOU LIVE IN FEAR. YOUR WHOLE LIFE IS A LIE.”

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Nick Leeson breaks his silence to reveal his thoughts on the plight of Kweku Adoboli

Nick Leeson, left, was arrested in 1995 after losing £827m for Barings Bank; right, Kweku Adoboli, who is alleged to have lost £1.5bn for UBS, was arrested last week

Nick Leeson, left, was arrested in 1995 after losing £827m for Barings Bank; right, Kweku Adoboli, who is alleged to have lost £1.5bn for UBS, was arrested last week

You expect to be caught in the first 24 hours. Every time the door to your office opens, or the phone rings, you think it will be somebody looking for answers.

You live in fear. In that very initial period, the heart is racing. You should have closed the position at the earliest opportunity, and taken no more than a slap on the wrist.

But when the call, or the knock on the door, doesn’t come, you start to grow in confidence. You start to believe that you’ll have the time to correct it, that you can push the barriers that little bit further – that you can get back to ground zero and start again.

CLICK BELOW LINK TO READ WHO ARTICLE:

http://www.independent.co.uk/news/uk/home-news/a-rogue-trader-speaks-you-live-in-fear-your-whole-life-is-a-lie-2358204.html

Best Regards,

FINANCIAL WARRIOR

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