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Topic: Rogue Trader


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  BBC - Consumer - TV and radio
When Rogue Traders invited the company out to do some block paving in Stourbridge, it was true to form.
Rogue Traders then exposes the salesmen who go to any lengths to hit their monthly targets.
So Rogue Traders invites Chapman out to a garden to lay a patio and he quickly gets a sniff of the green stuff - and our granny is soon marched down to the cashpoint.
www.bbc.co.uk /consumer/tv_and_radio/roguetraders/index.shtml   (1782 words)

  
  Rogue Trader (Warhammer 40,000) - Wikipedia, the free encyclopedia
Rogue Trader is the common name of the first edition of Warhammer 40,000 miniature wargame by Games Workshop.
The game play of Rogue Trader differs from its modern-day version, mostly due to the fact that it was heavily role-play-oriented, with great detail placed on weaponry and vehicles and the inclusion of a third player in battles, the Games Master, a role not too different from the Dungeon Master of Dungeons and Dragons.
The Rogue Trader game contained some races that were later removed from the storyline, such as Squats, Zoats and Jokaero.
en.wikipedia.org /wiki/Rogue_Trader_(Warhammer_40,000)   (758 words)

  
 NationMaster.com - Encyclopedia: Rogue Trader   (Site not responding. Last check: )
Rogue Trader: How I Brought Down Barings Bank and Shook the Financial World is a book by Nick Leeson, who served four years in prison for fraud after bankrupting the London-based Barings Bank in 1995 by hiding $1.4 billion in debt he accumulated as a derivatives trader in Singapore.
Rogue waves are the result of two wave trains coinciding at just the right moment for their energy to combine.
A rogue trader is one whose behavior and risk-taking is intentionally inconsistent with the aims of management or its shareholders.
www.nationmaster.com /encyclopedia/Rogue-Trader   (536 words)

  
 rogue trader – Find related news headlines from Newser
Rogue SocGen trader Jerome Kerviel, whose unauthorized deals led to a $7.2 billion loss for the French bank, continued his trading for more than a year after the first warning flag was raised in the department that was supposed to detect risky trading, reports the Wall Street Journal.
A Paris court ruled today that rogue trader Jérôme Kerviel should be behind bars during the remainder of the investigation into his case, the New York Times reports.
Jérôme Kerviel, the trader at the root of the $7.1 billion scandal roiling French banking giant Société Générale, says his bosses knew what he was up to, and they didn't stop him as long as he was generating huge profits—$2 billion by the end of 2007, he claims.
www.newser.com /tag/21956-1.html   (748 words)

  
 Rogue Trader - Lexicanum
Rogue Traders are flamboyant individuals; many are highly pious while others are no more than legitimized pirates.
The most infamous Rogue Trader was Jan van Yastobaal, who became little more than a desperado plundering whatever world he came upon.
The most valuable possession of a Rogue Trader family is its Charters, or Warrants of Trade; an ancient legal document which describes the accepted limits of its operations.
wh40k.lexicanum.com /wiki/Rogue_trader   (465 words)

  
 Opinion: Allfirst’s ‘Rogue Trader’: The Op Risk Angle
This is one of several parallels between the AIB losses and the disastrous losses generated by rogue traders at Barings and NatWest Markets (NWM).
But every time a rogue trader comes along to disrupt this comfortable world-view, it becomes increasingly clear that such activity is actually not low risk.
A proprietary trader who tells his or her boss about trading losses may not expect a pat on the back, but is unlikely to lose their job if they make profits more regularly than losses.
www.erisk.com /ResourceCenter/Viewpoint/OpinionAllfirst_s_RogueTr.asp   (1439 words)

  
 BBC NEWS | Business | Rogue trader to cost SocGen $7bn
The fraud is an extraordinary echo of the rogue trader, Nick Leeson, who caused the collapse of Barings Bank in 1995, says BBC business correspondent Nils Blythe.
The bank said the trader responsible for the fraud had "in-depth knowledge of the control procedures resulting from this former employment in the middle-office".
The bank said that the trader had confessed to the fraud and was being dismissed.
news.bbc.co.uk /2/hi/business/7206270.stm   (907 words)

  
 Report a Rogue Trader. Barking and Dagenham.
Consumers and traders are being urged by Barking and Dagenham Trading Standards Team to 'shop' rogue traders online.
In an effort to help stop cowboy traders from ripping-off the public, Trading Standards Services across the Country have joined forces with the Department for Business, Enterprise and Regulatory Reform to develop the new Rip-off tip off website.
Rogue builders and car dealers, unscrupulous doorstep traders, traders who sell or make counterfeit goods, loan sharks, internet traders, bogus home working schemes, bogus competitions are some of the areas that the 'rip-off tip-off' team want to hear about.
www.barking-dagenham.gov.uk /6-living/hcs/consumer/hcs-con-rogue-trade-web.html   (170 words)

  
 Rogue trader in $7.2B bank fraud - CNN.com
The bank said one of its traders, a French man in his 30s, had made "fraudulent" transactions involving European index futures that were beyond his permitted trading limits, then created false transactions to cover his tracks.
The bank said the trader, a mid-level employee who earned about €100,000 ($146,000) a year, was responsible for "plain vanilla" basic stock futures in European markets.
It is also bigger than the case of Yasuo Hamanako, a Japanese copper trader whose risky bets on copper futures in the late 80s and early 90s cost the Sumitomo Copper company $2.6 billion.
edition.cnn.com /2008/BUSINESS/01/24/societegenerale.fraud/?iref=hpmostpop   (847 words)

  
 Operational Risk - Rogue traders
Traders’ learning experiences, such as big gains and losses, are important — particularly when they occur early in a career.
Traders may, for example, set their own agendas and seek or avoid risks accordingly.
If the problem is to be controlled, managers need continually to monitor traders’ learning, their experiences of loss and gain — and the inferences drawn from them — and patterns of risk-seeking and risk-averse behaviour.
www.financewise.com /public/edit/riskm/oprisk/opr-rogue.htm   (846 words)

  
 Rogue Trader: Facts and details from Encyclopedia Topic   (Site not responding. Last check: )
Rogue Trader: How I Brought Down Barings Bank and Shook the Financial World is a book by Nick Leeson Nick Leeson quick summary:
Nick leeson (born february 25, 1967) is a british investments trader whose actions caused the collapse of barings bank, the united kingdoms oldest...
Barings bank, previously known as baring brothers & co., is the oldest merchant banking company in england, having been founded in 1762 by sir francis baring...
www.absoluteastronomy.com /encyclopedia/R/Ro/Rogue_Trader.htm   (607 words)

  
 Rogue Trader - Wikipedia, the free encyclopedia
Rogue Trader (book), an autobiography (and later a movie) about Nick Leeson, the man who caused the collapse of Barings Bank.
Rogue Trader (Warhammer 40,000), the first edition of the Warhammer 40,000 franchise
This is a disambiguation page: a list of articles associated with the same title.
en.wikipedia.org /wiki/Rogue_Trader   (115 words)

  
 Rogue Trader: A film deeply in awe of the market Written and directed by James Dearden
This gave rise to the term “barrow-boy ” traders, to denote the aspiring yuppie elements prevalent in the financial centres of the world.
The response of the critics to Rogue Trader was almost uniformly unfavourable.
Rogue Trader is a story about money, it's a real slice of social history and it symbolises a turning point when the Barings of this world were finally consigned to history and the Nick Leeson's of this world took over.”
www.wsws.org /articles/1999/jul1999/tra-j27.shtml   (2260 words)

  
 Rogue trader: bank admits losing billions - Business News, Business - The Independent
Societe Generale said the trader had confessed to the "exceptional fraud" and was in the process of being dismissed, along with four or five managers.
It is understood that Societe Generale is unsure of the trader's current whereabouts and that he has yet to be formerly fired despite confessing to the fraud over the weekend.
But original rogue trader Mr Leeson said, speaking on BBC News 24, that he was surprised the banking system was still vulnerable to these scandals.
www.independent.co.uk /news/business/news/rogue-trader-bank-admits-losing-billions-773316.html   (1518 words)

  
 FSO Perspectives Part 5  Rogue Wave - Rogue Trader
They are known as "rogue waves." They are generally considered to be high, unexpected waves which in some instances come from a direction different from the predominant waves in the local area.
Rogue waves are the result of two wave trains coinciding at just the right moment for their energy to combine.
A rogue trader is one whose behavior and risk-taking is intentionally inconsistent with the aims of management or its shareholders.
www.financialsense.com /series2/rogue.html   (5842 words)

  
 Rogue Trader
A rogue trader is like a fire: you never know when the next spark will ignite and when it does, you need to put it out as fast as possible.
Once a rogue trader has been spotted, the situation needs to be handled delicately and tactfully.
Your staff are after all one of your most valuable assets and the way you tackle a rogue trader will have an impact on your other traders.
www.deloitte.co.uk /industries/Financial_Services/LM_Rogue_Trader.asp   (507 words)

  
 Wilmott Forums - Rogue Trader Insurance   (Site not responding. Last check: )
However, the trader is in control of the volatility of his portfolio, since he (or she) can control the amount of risk in the trades.
On the other hand, the trader would like to buy a European style put option so he will be able to control his risk exposures and thus leverage his positions aggressively.
Rouge trader insurance on the other hand might be as an indication to similar options as passport, where there is almost no trading constrains and to some extend may leat to an improved pricing methodology as well.
www.wilmott.com /messageview.cfm?catid=3&threadid=4454   (1299 words)

  
 [ DVD.nl ] - Recensies
Rogue Trader uit 1998 is een film van regisseur James Dearden die gebaseerd is op het waar gebeurde verhaal van handelaar Nick Leeson.
Rogue Trader is dan ook een film die slechts een select publiek zal kunnen boeien, terwijl de overigen al lang in slaap zullen zijn gesukkeld. 
Aangezien Rogue Trader niet zou profiteren van een apart bas-kanaal en ook het gebruik van een stereo achter-kanaal niet veel toe zou voegen, voldoet het gebruikte Dolby Surround-geluid prima (in plaats van Dolby Digital 5.1).
www.dvd.nl /reviews.php?reviewid=60   (897 words)

  
 Bloomberg.com: News
Oct. 10 (Bloomberg) -- The Calyon trader fired last month for alleged unauthorized trading that led to 250 million euros ($353 million) of losses said his bosses knew what he was doing and considered him a ``golden child'' of the New York office.
Management failures to oversee derivatives traders allowed Nick Leeson to bankrupt Barings Plc and Yasuo Hamanaka to hide $2.6 billion of losses from copper futures at Tokyo-based Sumitomo Corp. while their employers remained ignorant.
Traders use the contracts to speculate on the ability of companies to repay debt.
www.bloomberg.com /apps/news?pid=newsarchive&sid=atc0YV6wpcNo   (1324 words)

  
 Respawn Forums -> Rogue Trader Developement Thread   (Site not responding. Last check: )
As you may know the old Rogue Trader rules where the first Warhammer 40k rules and todate remain the most versitile rule set for the 40k universe.
Rogue Trader 1.0 made the name changes to the ork side so they matched the original 40k rule names.
One of the most interesting and highly effective AI changes appearing in Rogue Trader 1.3 is this....
www.respawn.co.uk /IVBoard/index.php?act=ST&f=5&t=95&st=0   (2772 words)

  
 RA: Resident Advisor - One Of Our Kind - A Quick Chat with a Rogue Trader - Feature / Interview   (Site not responding. Last check: )
The Rogue Traders are well known to House aficionados for their standout live sessions and a sound full of diverse influences.
It worked well and has that 80s feel we were looking for.” Rumour has it that INXS play the Rogue Traders’ ‘One of My Kind’ to their crowd before the start of their gigs.
Before the Rogue Traders launch their invasion of the northern hemisphere, they can be experienced live on their national tour.
www.residentadvisor.net /feature_view.asp?id=292   (682 words)

  
 France's Rogue Trader The Global Guru -
The term "rogue trader" entered the financial vocabulary when former back office employee turned trader and British "barrow boy" Nick Leeson brought down Barings Bank in 1995, after a $1.5 billion losing bet in the Asian futures markets.
The 31-year-old trader, who brought France's second-largest bank to its knees, was a heartbroken workaholic who was prone to doze off at the copy machine.
Contrary to popular perception, rogue traders are neither motivated by greed nor are weavers of elaborate schemes to defraud investors or banks.
www.theglobalguru.com /article.php?id=182&offer=GURU001   (886 words)

  
 Rogue Traders   (Site not responding. Last check: )
All Rogue Traders are independent characters free to move and fight as individuals, or to join units and lead them as described in the Warhammer 40,000 Rule Book.
A Rogue Trader may command your army instead of the normal commander for the army.
Rogue Bodyguards may have any combination of additional armour, assault weapons, grenades and/or basic weapons and one special weapon from the Rogue Trader Wargear list (see the Wargear list for points values).
mywebpages.comcast.net /kpavlick/40k/rogue.htm   (632 words)

  
 Rogue Trader May Foster Opportunities
In a world of increasingly complex trading vehicles and demanding regulators, compensation, stature and headcounts within departments that oversee trading activity are already on the upswing.
The latest events will likely accelerate the trend, even though SocGen's rogue trader constructed his phony futures positions from the simplest of instruments, says David Martin, Boston regional director at worldwide recruiting firm Michael Page International.
In the past decade, Martin has seen back- and middle office activities transformed from a "support function, to a policing and a control function." The trend, which began soon after the 1995 Barings Bank collapse sparked by a rogue trader's activities, has accelerated in the last five years.
www.michaelpage.com /content/164-rogue-trader-may-foster-opportunities.html   (675 words)

  
 BBC/OU Open2.net - Society Blog - How to make a Rogue Trader?
I had a good laugh at last week's blog by my colleague Jason Toynbee – especially his recommendation that young city traders might be issued with ASBOs in order to stop them causing any further economic damage.
Now, given the recently exposed activities of Jerome Kerviel – the French junior trader whose fraudulent transactions appear to have cost his employer Societe Generale around £4 billion – some might suggest even stronger measures are necessary.
In fact, it is financial institutions themselves, in slavish adherence to market principles, that create the conditions under which 'rogue' trading can occur – and so can hardly wash their hands of any responsibility when frauds arise.
www.open2.net /blogs/society/index.php/2008/01/29/how_to_make_a_rogue_trader   (413 words)

  
 Rogue Trader DVD : Read reviews and compare prices at Ciao.co.uk
I'm sure, as with many films based on true facts, their has been a certain amount of poetic license used, but in doing so they have created a very informative film which is also very compelling viewing.
...adaptation of Nick Leeson's book Rogue Trader - an autobiographical account of how his dealings on the high-risk Asian stockmarket brought down Britain's oldest bank - is a typical example of recent UK film-making.
Rogue Trader is a film-documentary depicting the rise and fall of a Mr Nick Leeson (played by the excellent Ewan McGregor), an investor for Barings Bank.
dvd.ciao.co.uk /Rogue_Trader_DVD__35740   (764 words)

  
 ROGUE TRADER/ *
This is the declaration Nick Leeson makes at the end of "Rogue Trader", in reference to his crimes.
"Rogue Trader" is a repulsive love letter to Leeson, a sick and twisted crook, as well as, it seems, a compulsive liar.
Leeson (Ewan McGregor) was a British stock trader, working in Singapore earlier this decade on behalf of Barings Bank, one of London's oldest financial institutions.
www.ukcritic.com /roguetrader.html   (631 words)

  
 Rogue trader's bank fraud - National - theage.com.au
A ROGUE trader has stunned global financial markets by defrauding France's second-largest bank of $8.2 billion — the largest trading fraud in history.
The Paris-based trader, who has not been named or charged, has reportedly confessed to the fraud and has been dismissed.
With trading in Societe Generale shares down by nearly 50% in the past six months, largely due to concerns over its exposure to the subprime crisis, the bank said it would be forced to raise 5.5 bil- lion euros in new capital to restore its balance sheet.
www.theage.com.au /news/national/rogue-traders-bank-fraud/2008/01/24/1201157566486.html   (613 words)

  
 BBC NEWS | Business | Rogue trader scandal broadens out
Analysts are trying to assess whether the trader's actions contributed to the stock market turmoil and the Fed decision to cut interest rates.
The bank has filed a legal complaint against the trader accused of defrauding the bank which led to a loss of 4.9bn euros ($7.1bn; £3.7bn).
Some analysts suggest that the rogue trader's actions might have contributed to a dramatic fall in many stock indexes earlier this week.
news.bbc.co.uk /2/hi/business/7208439.stm   (765 words)

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