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Nick Leeson speaks on frauds

Nick Leeson speaks in the latest edition of Advanced Trading magazine, which is one of the best magazines on trading & technology around. The full article here.

"If you ask any trader what their biggest fear is, it would be fear of failure," Leeson continues. "And fessing up to what is going on is probably the biggest failure you could ever imagine." For three years, he notes, he believed that somehow he could work his way out of his trading mess.
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