1:05:10
Nick?
1:05:12
Sure you don't want us to stay?
1:05:16
No, l... l'm fine. You go.
1:05:18
You'll make it right, Nick.
1:05:20
We all believe in you.
1:05:54
50 million!
1:06:00
l,...
1:06:01
..Nicholas Leeson,...
1:06:04
..have lost...
1:06:06
..50 million quid...
1:06:08
..in one day!
1:06:15
What does he do, exactly?
1:06:17
That's what no one seems able to explain.
1:06:19
lt's simple. He switches contracts
between Osaka and SlMEX,...
1:06:23
..exploiting price differentials
between the two markets.
1:06:26
That's how he offers the best deals
to our customers.
1:06:29
lf it's that easy,
why isn't everybody doing it?
1:06:32
Because he's absolutely in the vortex
of the information curve over there.
1:06:36
He's discovered a whole
new way of making money.
1:06:40
Well, he's giving us horrendous
funding problems, that's all l know.
1:06:45
He doesn't do things by the book, Ron.
He just doesn't respect the rules.
1:06:49
ls he really the kind of person
we should be employing at Barings?
1:06:53
Oh, fuck the rules. lt's barrow boys like
Nick who are turning the City around.
1:06:57
You can't run a modern financial centre
with a bunch of Hooray Henries.