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Episode 7 : The man who lost a billion dollars!

Episode 7 : The man who lost a billion dollars!

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 In today’s episode , we’re diving into the jaw-dropping, bank-breaking, and quite frankly, WTF-level true story of Nick Leeson—the man who brought down the 233-year-old Barings Bank with a mix of confidence, chaos, and catastrophic trading. From his humble beginnings to his rise as a so-called "star trader," Nick juggled risky trades, hid losses in a secret “58 account,” and managed to scam senior management using forged reports, poker face emails, and the magical power of “never taking a vacation.” Spoiler alert: that’s your first red flag right there. But this isn’t just a story of one man’s greed—it’s about how weak internal controls, blind trust, and the pressure-cooker world of finance can cook up a disaster big enough to bankrupt a legacy. We’ll unpack the psychology behind Nick’s reckless behavior, the absurd decisions made by management, and how the losses snowballed from a mere $60,000 to over $1 billion—faster than your UPI fails on a bad signal. So tune in as we flip through the wild pages of Barings Bank’s final chapter.

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