All That Glitters: The Fall of Barings

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· Myyjä: Penguin
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The definitive, classic account of the fall of the House of Baring, the oldest merchant bank in London, in 1995 and the ultimate rogue trader, Nick Leeson, who brought down the venerable institution with speculative investing.
 

John Gapper, associate editor of the Financial Times, and his coauthor Nicholas Denton, now founder of Gawker Media, interviewed all the major players involved in the collapse of one of England's oldest banks.
 
All That Glitters reveals the Faustian deal struck between the whizz-kid derivatives traders who seemed to be bringing in huge profits and the old guard who were happy to pocket them without asking too many questions. Gapper and Denton present a thrilling, in-depth account of Nick Leeson's motives and methods for hiding the unauthorized speculative trading as well as the final days of Barings and the last-ditch attempts by politicians and bankers to save the bank.

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John Gapper is Chief Business Commentator and Associate Editor of the Financial Times. His awards include Business Commentator of the Year at the 2011 Editorial Intelligence Awards and Best Columnist in the 2011 Society of American Business Editors and Writers awards. He was named one of GQ's 100 most influential men in Britain in 2009. He studied at Oxford University and the Wharton School. He is author of How To Be A Rogue Trader (a Penguin Short ebook), and A Fatal Debt, a novel to be published by Random House US in 2012. He lives in Brooklyn, New York with his wife, the novelist Rosie Dastgir, and their two daughters.
 
Nick Denton is founder of Gawker Media and Managing Editor of Gawker.com. He was previously a writer for the Financial Times.

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