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January 24, 2008

A rogue trader viewed from the mountains

I was looking forward to a somewhat more relaxed afternoon at the World Economic Forum this afternoon and popping in to listen to a couple of debates. Well, so much for that. Societe Generale’s rogue trader has grabbed all the attention and pinned me down in the media centre.

Here is a piece I have just written about the comparisons between this fraud and the one at Barings in 1995 which led to the bank’s collapse. It brings back old memories.

January 24th, 2008 in Davos08 | Permalink

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