U.S. probes if China played role in Snowden leaks; fugitive not on Cuba flight

Jun 25, 2013

U.S. probes if China played role in Snowden leaks; fugitive not on Cuba flight

U.S. intelligence agencies are investigating whether Edward Snowden's leaks may be a Chinese intelligence operation or whether China might have used his concerns about U.S. surveillance practices to exploit him, according to four American officials. The officials emphasized there's no hard evidence yet that Snowden ...

/ Oct 10, 2011

There are no rogue traders, only rogue banks that can't be bothered to vet their speculators

by , , , , , , , , , , , , , , , , , and

In 1995, derivatives broker Nick Leeson of Barings Bank engaged in "unauthorized" speculative trading. The massive losses — £27 million — led to the collapse of Barings, the oldest investment house in Britain. In 1996, another rogue, Sumitomo Bank copper trader Yasuo Hamanaka, lost at ...