Loose Change

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Loose Change

Betting, and losing... again. In the wake of revelations that an Allied Irish Bank subsidiary was dealing with a $750 million fraud in its foreign exchange department, The Sun reports that rogue trader Nick Leeson, who brought down the historic Barings Bank through fraudulent futures contracts, was heard to have bet someone recently it could never happen again. Hopefully, this time he was betting with his own money.

 

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