The Rogue Trader: Episode 191

UK True Crime Podcast

Personal Journals, History, Drugs, Crime, True Crime, Serial Killer, Murder, Uk, Police, Guns, Fraud, Robbery, Crimepodcast, Society & Culture, Uktruecrime

4.3 • 2.8K Ratings

🗓️ 7 July 2020

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

We have all seen the films of the glamour - as some may see it - of being a trader along with the huge financial bonuses.

But when things go wrong, losses can accelerate rapidly. This would normally lead to a trader losing their job, but this week on the UK True Crime podcast, I look at what happened in London when a trader tried to disguise their huge losses.

Referenced sites
www.uktruecrime.com
www.patreon.com/uktruecrime
https://www.facebook.com/groups/UKTrueCrime

Sources
https://www.independent.co.uk/news/business/analysis-and-features/swiss-heads-roll-the-demise-of-ubs-8262207.html

https://www.ft.com/content/0fa0b42a-783a-11e5-a95a-27d368e1ddf7

https://www.theedgemarkets.com/article/lead-story-lessons-rogue-trader

https://en.wikipedia.org/wiki/Kweku_Adoboli

https://www.bbc.co.uk/news/uk-20338042

https://www.bbc.co.uk/news/uk-19660659

https://www.theguardian.com/business/2012/nov/20/kweku-adoboli-gilded-life-star-trader-ghana

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Transcript

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0:00.0	Hello book lovers. I just wanted to interrupt this podcast to share Can You Not?
0:06.4	Excuse me? Can you not interrupt this podcast? Some of us are here to appreciate true crime,
0:13.1	ad free, but it's relevant. I want to share my poetry that centers on the lives of true
0:18.8	crime victims. I sat through your poetry recital, now is not the time to be sharing more.
0:24.4	This is my sacred true crime time and you're invading my personal space. I'm invading your
0:30.7	space. You won't leave me alone. You're a total leech and...
0:37.4	Death of a bookseller. The Dark Disturbing Thriller about toxic female relationships
0:43.1	and true crime by Alice Slater.
0:46.9	Hello and welcome to episode 191 of the UK True Crime Podcast. I'm Adam. Today we
0:56.7	look at a story from the heart of the city of London, a story of an investment banker,
1:01.6	greed and as always the personal story behind this breaching headlines. It is I think a tale
1:08.9	that poses as many questions as it answers. Firstly a huge thank you to all my supporters on
1:15.6	Patreon, especially this week's new members of this exclusive club. That's Rebecca Gosling,
1:21.6	Paul Boney, Rachel Adams and Steve Buckley. Your sport is so much appreciated thank you
1:28.6	and yesterday I released the most recent bonus episode. Please do take a listen, it's a real personal
1:34.0	one to me and let me know your thoughts. Let's quickly set some context for today's story,
1:40.5	start with the music we were listening to. At number one in the UK was Pixie Locked with all
1:46.7	about tonight. In the US it was maroon 5 with Christina Aguilera with Moons like Jagger and in
1:53.7	your straight in album charts top of the pile was Adele with 21. And in the news this month,
2:01.3	Jamaica legend Usain Bolt ran a season's best time to win the 200 meters at the world Athletics
2:07.6	Championships in South Korea. There were more signs that we were actually in the 21st century
2:14.1	as the United States ended its don't ask, don't tell policy, allowing gay men and women to serve
	...

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