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Nicl leeson brought down Barings bank by losing 1.4 billion in 1995 .... fast forward to 2011 and this guy seems to have beat him by losing a staggering 2 billion for UBS in trading losses !!

 

http://www.marketwatch.com/video#!5F708BBA-B003-48AD-8D06-98935B75C563

 

Wonder if this will bring down UBS?

  • 9 months later...

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