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October 14, 2004
 
 
Rogue to Respect
 
Intro:
Ten years after his missed bets and huge losses brought down Barings Bank, derivatives trader Nick Leeson is preaching the gospel of internal controls.
 
Excerpt:

"There's lots of things that could have stopped me," Leeson said. "Due diligence kind of sums it up. There wasn't any at Barings at the time. There were very simple checks that could have been done at the time. None were done."

[The interview was conducted as part of Nick Leeson's attendance at OffshoreAlert's 3rd Due Diligence & Asset Recovery Symposium]

 
 

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