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World History

mahatmakanejeeves

(63,992 posts) Wed Feb 26, 2025, 01:02 PM Feb 26

On this day, February 26, 1995, Barings Bank, the oldest merchant bank in London, was declared insolvent.

https://en.wikipedia.org/wiki/Main_Page (for February 26, 2025)

• 1995 – Barings Bank, the oldest merchant bank in London, was declared insolvent after its head derivatives trader in Singapore, Nick Leeson, lost £827 million while making unauthorised trades on futures contracts.

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On this day, February 26, 1995, Barings Bank, the oldest merchant bank in London, was declared insolvent. (Original Post) mahatmakanejeeves Feb 26 OP

There's a fun podcast on the Barings disaster viva la Feb 26 #1

The day it happened, N.Y. WABC morning host Jay Diamond predicted.. 3Hotdogs Feb 26 #2

viva la

(4,023 posts)

1. There's a fun podcast on the Barings disaster

Reply to mahatmakanejeeves (Original post)

Wed Feb 26, 2025, 01:14 PM

Feb 26

https://podcasts.apple.com/is/podcast/breaking-barings-on-the-run/id1563775446?i=1000530785900

3Hotdogs

(14,044 posts)

2. The day it happened, N.Y. WABC morning host Jay Diamond predicted..

Reply to mahatmakanejeeves (Original post)

Wed Feb 26, 2025, 03:33 PM

Feb 26

The first photo of this guy will be a 30 something, wearing a backwards baseball hat.

Sure enough .... first photo.

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