£830,000,000 - Nick Leeson and the Fall of the House of Barings
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.
A documentary detailing the collapse of Barings Bank in the mid-1990s due to the machinations of Nick Leeson.
Release date : 1996-06-12
Production country :
United Kingdom
Production company :
BBC
Durasi : 53 Min.
Popularity : 0
7.70
Total Vote : 3
Advantages of movie
Almost all films carry messages about love, struggle, justice, hope, or humanity that can inspire the audience.
movie Shortcomings
There are films that are too slow at the beginning and too fast at the end — or vice versa — making the audience easily bored or confused.
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