Trading Jacket
On 5 April 2007, the Guardian newspaper reported that KPMG, the liquidators of Barings PLC, had sold a trading jacket thought to have been worn by Nick Leeson while trading on SIMEX in Singapore. The jacket was offered for sale on eBay but it failed to reach its reserve price despite a highest bid of £16,100. It was subsequently sold for £21,000. In October 2007 a similar jacket used by Leeson's team but not thought to have been worn by Leeson himself sold at auction for £4,000.
Read more about this topic: Nick Leeson
Famous quotes containing the words trading and/or jacket:
“His farm was “grounds,” and not a farm at all;
His house among the local sheds and shanties
Rose like a factor’s at a trading station.”
—Robert Frost (1874–1963)
“Old age begins in the nursery, and before the young American is put into jacket and trowsers, he says, “I want something which I never saw before” and “I wish I was not I.””
—Ralph Waldo Emerson (1803–1882)