Panic at the Bank

Panic at the Bank
Author :
Publisher : Gill & MacMillan
Total Pages : 181
Release :
ISBN-10 : 0717135632
ISBN-13 : 9780717135639
Rating : 4/5 (639 Downloads)
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Book Synopsis Panic at the Bank by : Siobhán Creaton

Download or read book Panic at the Bank written by Siobhán Creaton and published by Gill & MacMillan. This book was released on 2002 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: It was Ireland's biggest banking scandal and the fourth-biggest banking fraud in the world. John Rusnak, a lone wolf currency trader in Allfirst, a regional American bank owned by AIB, racked up losses of almost $700 million. This sort of thing was not supposed to happen in modern banking, and certainly not in a retail bank far from the world's financial centres. But it did.


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