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If this post contains material that is offensive, inappropriate, illegal, or is a personal attack towards yourself, please report it using the form at the end of this page.
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Nick Leeson was a lone gunman stylised as a "Rogue Trader". Anyone and everyone knows that it is virtually impossible to stop a lone gunman, in whatever walk of life and with whatever regulations and control or security is put in place.
I agree totally with Barry on this matter, regulation and oversight is required; not a progrom.
Finally, it would be very easy for banks to move to another country leaving high street baniking behind. Santander to Spain, Barclays/Natwest to Singapore, HSBC to Hong Kong. It's only moving desks and staff remember.
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