Ewan McGregor brings a dynamic screen presence to this riveting motion picture about how greed, excess, and high-stakes gambling brought down one of Britain's oldest and most successful financial institutions.
When he is sent to Singapore by the 200-year-old Barings Bank, futures trader Nick Leeson (McGregor) dreams of making a killing in the market. But even though his firm believes Nick is the most successful trader they've ever employed, he secretly begins to steal vast amounts of their own money to cover his risky financial wagering. With debts to match his desperation for a way out -- Nick risks everything in a frantic bid to beat the system and win back the money!
Produced by: James Dearden
Stars: Ewan McGregor, Anna Friel
I, Nicholas Leeson, have just lost 50 million quid, in one day!
A glimpse of a world now gone?
Initially, at least, he seems to have done what he did to try to protect a member of his team from the consequences of her mistakes. And then it got out of hand. Personal greed does not appear to have entered into it.
As well as the open pit outcry trading that is now largely gone, we see a world of gentleman bankers (and snobs) which has also largely gone (well, not the snobbery perhaps).
If not greed, we certainly see plenty of fear on display, so it could be an object lesson for traders.
True to Liffe
The film itself follows almost to the letter Leeson's own account of events, and as such is naturally going to have a certain slant on it. But worth the rental price for a look at a world (pit based trading) that many members of the T2W community will not get to experience any other way.
a film about bad trader
I reckon the 2nd hardest thing to control is the elation of winning and the overconfidence it creates. I have been crushed by overconfidence just as many times as I have nearly lost all my money!
Only on rental
The film itself is not very good and don't watch it unless it's on TV or maybe a rental if you have nothing better to do .
The book is slightly better in that for us traders it reveals a lot of the details of his con .
But don't but it new , many copies are available in bargain basement / second hand.
Bottom line , the guy was a loser from the start , he dug his own grave and deserved what he got.
A lesson or leeson in how not to let your fantasies take over your life.
There is one part before the whole thing blows up for him where Nick is coming to peices and he's sat discussing his losses with his friend and the guy is just shaking from stress.. pretty realistic, I could relate to that if I'd just lost a billion!
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