Rogue Trader Nick Leeson Has A New Job In Finance

[Chuck Krug]

oracle> it's obvious that he used the martingale betting system

 

[jnbadger]

Quote from Chuck Krug:

oracle> it's obvious that he used the martingale betting system

Didn't work out so well when the Kobe earthquake happened. Oops.

 

[bwolinsky]

<iframe width="420" height="315" src="http://www.youtube.com/embed/MebaDb6HXyU" frameborder="0" allowfullscreen></iframe>

 

[zdreg]

Quote from oraclewizard77:

Just think if he had used TA, that bank would still be in business. He must have been using some other system.... I wonder what system could cause such large losses......

doubling down.

 

[onava]

all the big boys scale trade..

Quote from zdreg:

doubling down.

 

[oraclewizard77]

Because I was a making a joke that slumdog got and knocked of the park, guess you don't have a sense of humor.

Quote from NetTecture:

Given that his story and system was publicly discussed and is very visible in a movie - why do you wonder, and not educate yourself?

 

[zdreg]

Quote from onava:

all the big boys scale trade..

that is your hearsay and/ or your imagination.