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Rogue Trader - (1999)
The trouble started with a single mistake. A junior clerk made a trade error, and rather than reporting it, Leeson hid the loss in a dormant account: . To cover that loss, he made bigger, riskier bets. When those failed, he doubled down again.
Because he was in charge of both the trading floor and the back-office reporting (the "settlements"), he was effectively his own boss, allowing him to cook the books and make it look like he was making millions while he was actually drowning. The Kobe Earthquake Rogue Trader (1999)
The true story of is a masterclass in how a "can-do" attitude can accidentally demolish a 233-year-old institution. The trouble started with a single mistake