Rogue Traders

  • by iMinds
  • Narrated by Ellouise Rothwell
  • 0 hrs and 8 mins
  • Unabridged Audiobook

Publisher's Summary

Learn about the story behind Rogue Traders with iMinds insightful audio knowledge series.
A rogue trader is an employee of a company who makes unauthorized trades on behalf of their employer. It is a way employees use their job to make fraudulent trades. Regardless of the economic climate, rogue traders work illegally to make up for company losses they have incurred while trading for their company.
For much of history, society as a whole has defined criminals as those defective in intelligence. However, there are certain crimes which can only be committed by those who have a certain amount of education or training. “White-collar crime” is a term sociologists have used to describe crimes conducted by business-people and other professionals, usually relating to their workplace. Rogue traders can be seen to belong to the group of “white-collar criminals”. They are often highly educated in business and generally belong to financial trading companies. In fact, it is their very knowledge of trade and business that helps them conduct their crimes.
Perfect to listen to while commuting, exercising, shopping or cleaning the house.. iMinds brings knowledge to your MP3 with 8 minute information segments to whet your mental appetite and broaden your mind.
iMinds offers 12 main categories, become a Generalist by increasing your knowledge of Business, Politics, People, History, Pop Culture, Mystery, Crime, Culture, Religion, Concepts, Science and Sport.. Clean and concise, crisp and engaging, discover what you never knew you were missing. Make your MP3 smarter with iMinds MindTracks, intersperse with music and enjoy learning a little about a lot.. knowledge of your own choice and in your own time.

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Audible Editor Reviews

Perhaps no form of law-breaking would seem to exemplify the concept of "white collar crime" so much as rogue trading, often perpetrated by a well-educated, sometimes affluent, employee of a large bank or brokerage firm. Indeed, in a business climate where profits are prized above all else and large sums of money are frequently thrown around, rogue trading may seem an institutional inevitability. This iMinds exploration of fraudulent investment focuses on two high-profile case studies in rogue trading: that of Englishman Nick Leeson and Japan's Toshihide Iguchi, who respectively brought down Barrings Bank and Daiwa Bank through their attempts to cover up losses. Actress Ellouise Rothwell strikes a suitably stark cadence as she delivers a fluid and thorough account of the two men's undoing.

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What the Critics Say

"I'm learning all sorts of stuff about stuff I didn't even know I didn't know. And it sticks. In a nutshell: wonderful." (Jonathon Margolis, Financial Times)

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Book Details

  • Release Date: 10-19-2009
  • Publisher: iMinds