The 20 Largest Trading Losses in History [View article]
During a tour in 2006, I read a local newspaper item in Southern China that reported hundreds of millions of losses to internal bank corruption in half a year. One could assume that in a FULL year they would find twice as much? But what about the ones they won't acknowledge or even find out?? Funny how big money corrupts everyone everywhere.
The 20 Largest Trading Losses in History [View article]
also Bre X Minerals 1997, 6 billion in market cap. wiped out. gold scandal; Parmalet 2003, at 17 billion ; World Com 2007 for financial mis statements; and the biggest ENRON over 31 biliion
The 20 Largest Trading Losses in History [View article]
But what about the ones they won't acknowledge or even find out??
Funny how big money corrupts everyone everywhere.
The 20 Largest Trading Losses in History [View article]
Bre X Minerals 1997, 6 billion in market cap. wiped out. gold scandal;
Parmalet 2003, at 17 billion ;
World Com 2007 for financial mis statements;
and the biggest
ENRON over 31 biliion