Tag Archives: stupidity

February 26, 1995

On This Date in TWISTED-HISTORY.com! in 1995 the oldest investment institution in Britain collapse after one of their traders, Nick Leeson of the Singapore branch, lost over $1.5 billion dollars on futures trading. Mr. Leeson was using the bank’s money to bet on which way the market would swing and he bet wrong it time. … Continue reading

Posted in 20th Century, Historical Facts | Tagged , , , , , , | Leave a comment