I therefore have to inform you that Barings is insolvent and will go into immediate...
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Peter Baring:
[getting off the phone]
That was the Sultan of Brunei's office. They've decided not to proceed, they believe the risks are too great and the time too short in view of the need to have a rescue package in place by the time the markets open again in the Far East. Simon Jones:
Is there really no one else? Peter Norris:
We've tried everyone. It's hopeless. Peter Baring:
I therefore have to inform you that Barings is insolvent and will go into immediate liquidation. [Peter Norris bursts into tears]
[getting off the phone]
That was the Sultan of Brunei's office. They've decided not to proceed, they believe the risks are too great and the time too short in view of the need to have a rescue package in place by the time the markets open again in the Far East. Simon Jones:
Is there really no one else? Peter Norris:
We've tried everyone. It's hopeless. Peter Baring:
I therefore have to inform you that Barings is insolvent and will go into immediate liquidation. [Peter Norris bursts into tears]
Full Transcript
00:00:01.000 --> 00:00:02.866
That was the Sultan of Brunei's office
00:00:02.935 --> 00:00:04.087
They have decided not to proceed
00:00:04.937 --> 00:00:07.006
They believe the risks are too great and the time too short
00:00:07.673 --> 00:00:09.651
in view of the need to have a rescue package in place
00:00:09.675 --> 00:00:13.771
by the time the markets open again in the Far East
00:00:13.846 --> 00:00:16.441
Is there really no one else
00:00:16.516 --> 00:00:20.092
We've tried everyone It's hopeless
00:00:20.987 --> 00:00:25.618
I therefore have to inform you that Barings is insolvent
00:00:25.691 --> 00:00:28.388
and will go into immediate liquidation
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Movie Summary
The story of Nick Leeson, an ambitious investment broker who singlehandedly bankrupted one of the oldest and most important banks in Britain.
Actors
Peter Baring
Simon Jones
Peter Norris
Nick Leeson
