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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (13983)1/26/2002 12:31:13 PM
From: elmatador  Read Replies (2) | Respond to of 74559
 
Nigel Leeson and Yasuo Hamanaka.

Nigel "Rogue Trader" Leeson crashed Barings in the 90's. Yasuo Hamanaka lost 3giga dollar of his company Sumitomo.

They weren't mavericks action on their own. They were following a corporate strategy. When the true came out, they were thrown to the dogs.

And then there is Milken but that's another decade...

So what's the surprise with ENE. No one told you that Abracadabras are born painlessly.