03-03-2010, 01:22 PM
Unfortunately, not a lot I'm afraid. All my research papers, including the various official reports from the UK and Singapore governments are now in storage. However, I prepared a TV documentary synopsis for the then Commissioning Editor of Channel Four's Dispatches programme, and later met with him to discuss the programme synopsis -- and also had a telephone call from the barrister who was representing the bond holders of Barings who lost every penny. The question I suggested he follow up on was how Leeson, who had been a back office admin type, suddenly got promoted overnight to head trader for the Singapore office. To put this in perspective, the transmission is similar to a hospital nurse overnight becoming the chief surgeon in another hospital's operating theatre. It was an extraordinary leap into the dark and, more than anything, directly pointed to some very serious involvement at the executive board level in this entire affair.
What I can also remember is that the investigators for the Bank of England investigation into the affair, never once set foot in Barings bank offices, and never once eyed a document that the executives of Barings didn't firstly provide (and obviously scrutinize).
In the end, Barings was sold for the sum of £1.00 to the Dutch bank, ING (safe hands), who took ownership of all the bank's documents and who would not allow them to be seen ( I tried ). Thirty odd Barings executives were then fired, but not before paying millions of pounds in year end bonuses in a year of record losses --- in fact losses so vast, that the bank actually went belly up (hence the sale price of £1.00).
Where have we seen that since?
What I can also remember is that the investigators for the Bank of England investigation into the affair, never once set foot in Barings bank offices, and never once eyed a document that the executives of Barings didn't firstly provide (and obviously scrutinize).
In the end, Barings was sold for the sum of £1.00 to the Dutch bank, ING (safe hands), who took ownership of all the bank's documents and who would not allow them to be seen ( I tried ). Thirty odd Barings executives were then fired, but not before paying millions of pounds in year end bonuses in a year of record losses --- in fact losses so vast, that the bank actually went belly up (hence the sale price of £1.00).
Where have we seen that since?
The shadow is a moral problem that challenges the whole ego-personality, for no one can become conscious of the shadow without considerable moral effort. To become conscious of it involves recognizing the dark aspects of the personality as present and real. This act is the essential condition for any kind of self-knowledge.
Carl Jung - Aion (1951). CW 9, Part II: P.14