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Barings Bank Collapse

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Survivalists' Guide for the New Millennium: Forward
We live in the midst of a crisis so immense it boggles the poor, overloaded mind of modern humanity. The people of the world cannot seem to grasp its implications. Like a billboard whose message and image are stretched to such vast proportions that it fills...
Philosophy >> Survivalists Guide for the New Millennium
Survivalists' Guide for the New Millennium: Chapter 5
WHERE I LAY MY HEAD IS HOME A foot and light-hearted I take to the open road, Healthy, free, and the world before me, The long brown path before me leading Wherever I choose. Henceforth I ask not for good fortune, I myself am good fortune, Henceforth I...
Philosophy >> Survivalists Guide for the New Millennium
Survivalists' Guide for the New Millennium: Chapter 3
WAKE UP, GET DRESSED & MOVE OUT The search for Truth and meaning that occasionally marked the philosophies of the ancient world, appears to be in a state of serious decline in the present day. In our institutions of psychology and philosophy, there is...
Philosophy >> Survivalists Guide for the New Millennium
Creative Visualization or How to get What You Want as opposed to What You Need!
I have proven to myself that one can visualize what one wants into reality. Sometimes this process takes time, much time, as in years, but it generally works. Robert Taylor of the Success Training Academy and Julia Jablonski of the Psychic Journal, say: "...
Psychic Abilities >> Creative Visualization
King Midas and the Power of Gold
The story of King Midas is the classical story of what can happen if somebody acquires all he ever wished for. According to myth, king Midas once took care of Silenos, the drunken follower to Dionysos, and housed and fed him when in a drunken state he had...
Deities & Heros >> Greek
Astrology >> Taurus
False Memory Syndrome and the Inquisition
Memories are modified by circumstance and environment There is a new witch hunt in the United States. It has no need for proof and there is no reprieve. It is sufficient to be accused, and the lingering stench never fades. It is sexual abuse of children. The...
Saga of Times Past >> History & Anthropology

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Financial Lessons from Hollywood Movies
Ewan MacGregor plays Nick Leeson and his role in the 1995 collapse of Barings Bank in Singapore. The film follows his rise to become one of the bank's top traders. He also has an unfortunate gambling habit and uses up much of the bank's funds to fuel it.
5 lessons on bouncing back from ultimate rogue trader Nick Leeson
Nick Leeson's illegal derivatives trading in Singapore led to the collapse of Barings Bank and ultimately ended up costing him his career and his freedom.
Bond market buildout could kill QFII and CNH
“Going forward there could perhaps be one China bond market and everyone could easily access into this market,” Sean Chang, head of Asian debt at Baring Asset Management, said before a packed ballroom at The Ritz-Carlton.
Pound poised for extended weakness on Brexit fears
The bank says that in the past 35 years, sterling traded at its current levels on only three occasions: the 1992 ERM debacle, the 2001-02 dotcom bubble and the 2008 financial crash.
Almanac ~ Friday, 2/26/16
The bomb had been built by Islamic extremists. 1995 - Barings PLC collapsed after a securities dealer lost more than $1.4 billion by gambling on Tokyo stock prices.

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