25 Million Pounds

25 Million Pounds

£830,000,000 - Nick Leeson and the Fall of the House of Barings


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0h 53m 1996 HD

Watch 25 million pounds soap2day. 25 Million Pounds details the collapse of Barings Bank in the mid 1990s primarily by a broker called Nick Leeson, who lost £827 million ($1.3 billion) by speculating on futures contracts. The film contextualises the downfall as the history of Barings Bank was one of the oldest and most prestigious merchant banks in Britain, run by the same family for decades with extensive ties to Britain's elites. But in the late 19th century Barings almost went bankrupt after investing heavily in South American bonds, including backing the construction of a sewer system in Buenos Aires. The bank was saved by The Bank of England, but Edward Baring, the head of the bank, was financially ruined and never recovered.

25 Million Pounds (1996)
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Tags:   #25 Million Pounds 1996   #25 Million Pounds online   #25 Million Pounds soap2day   #25 Million Pounds 123movies   #25 Million Pounds Fmovies   #25 Million Pounds putlockers   #25 Million Pounds Sopa2day   #BBC   #london, england   #great britain   #england   #fraud   #banking   #economics   #united kingdom   #financial crisis   #stock market

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