How to pronounce “leeson” in English

Leeson goes out to celebrate that weekend, drinking and dancing on tables, finally free of the hole he had dug himself into.

Leeson is obviously an extreme example, but this tendency to overestimate our abilities is something we all share.

- Leeson knew this and he took advantage of it.

Leeson's and Barings' overconfidence was amplified by the complexity and unpredictability of the market and the trades he was making.

Leeson, attempting to double down again, risked even more money.

- But Leeson's staggering overconfidence would create a debt of gargantuan proportions and lead to one of the biggest collapses in banking history.

- As Leeson's hidden losses mounted, he requested huge sums from head office to keep doubling down up to $5 million at a time.

Nick Leeson.

Barings' overconfidence in Leeson and Leeson's overconfidence in himself would be the bank's downfall.

But management's faith in Leeson's talent was unshakeable, and they dismissed these concerns.

about Steve Kurtz by Lynn Hershman Leeson, released in 2007.

In spite of this, Leeson remained confident, and eventually, his luck turned around.

To mask this, Leeson began buying futures from himself, inflating his perceived profits further.

Similarly, the feedback Leeson had received was inconsistent.

By 1995, Leeson's losses were in the hundreds of millions, and Barings had unwittingly sent him $1 billion.

On the 23rd of February, Leeson went on the run.

Realizing the walls were closing in, Leeson fled to Malaysia and then Thailand, but his escape was short-lived.

To save her job, Her boss, Nick Leeson, a young trader keen to make his mark, decides to hide the loss.

And in the end, in today's money, Leeson had lost $2.8 billion.

- Most of the time, being overconfident isn't a huge issue, but for Nick Leeson, the stakes soon became very high.

But on Monday morning, he made another trading error on the futures market, a damaging loss that Leeson didn't want to admit,

At SIMEX's 10th anniversary in September, Barings received two awards, largely credited to Leeson.