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Yesterday’s News


Thursday 26 February, 2015

Nick Leeson: I sat my sons down this week to pass on the hard lessons I have learned

In an exclusive piece for, the former ‘rogue’ trader writes of his panic and embarrassment on this week 20 years ago as he collapsed a 232-year-old bank.

Friday 22 November, 2013

Nick Leeson: Positive talk sounds hollow in the corridors of power

Talking up the state of the economy got us into this mess in the first place – but things are not looking up for the average man and woman.

Friday 20 September, 2013

Nick Leeson: In debt? Don't panic.

The former trader’s new book tries to help people tackles debt and find a path through the stress and complexities of dealing with financial institutions.

Sunday 21 April, 2013

Nick Leeson: I’ve observed the need for debt solution – now I’m acting on it

Former trader Nick Leeson explains why he has begun to work as a mediator between indebted people and the banks…


Thursday 27 December, 2012

Nick Leeson: The banks don't care so we need to look after each other

“As austerity bites to the knuckle, soup kitchens spring up around the country and children are sent to school hungry. It just seems so terribly wrong.”

Monday 12 November, 2012

Nick Leeson: Using puppets for Anglo musical is very apt indeed.

Former trader Nick Leeson can’t believe he wasn’t a shoo-in for Anglo: The Musical – but he’s pretty confident that puppets are the right choice to play inaminate objects who can’t take control of their own situation.

Monday 29 October, 2012

Nick Leeson: Here's one thing to congratulate the Irish regulators for...

…Keeping out extortionate ‘payday’ lending. Looking at the horror cases in the UK, they should keep up the good work.

Monday 15 October, 2012

Nick Leeson: I'm not a motivational speaker. THIS GUY is.

Former trader Nick Leeson is a regular on the after-dinner speaking circuit – but he was blown away by the story of Aron Ralston, with whom he recently shared a stage…

Monday 1 October, 2012

Nick Leeson: Look to Swedish model of dealing with toxic banks

The former trader has been visiting Sweden – and looking at how their management of a bank crisis contrasts strongly with the Irish government’s treatment of Anglo Irish Bank.

Monday 17 September, 2012

Nick Leeson: Here's why I won't be buying into the iPhone 5...

…and it has a lot to do with my bad memories of The Brick. My wife on the other hand…

Monday 3 September, 2012

Nick Leeson: This is what I wish for my daughter

As he watches his daughter embark on adult life, former trader Nick Leeson ponders the meaning of the word ‘maturity’ – and admits he himself is still a work in progress…

Monday 20 August, 2012

Column: You know what? Doing time does help you move on in life.

There is little to recommend a spell in prison, says former trader Nick Leeson, but his jail time gave him time to tackle his mistakes – and make a better go at life when he emerged.

Monday 6 August, 2012

Column: Nick Leeson on why Seán Quinn is in denial

This week, the former trader says that he was most interested in how the former richest man in Ireland has been performing under media scrutiny…

Monday 23 July, 2012

Column: HSBC funnelled money for drug kingpins? This isn't surprising.

We’re not surprised any more by unscrupulous behaviour by banks – but HSBC’s actions are as bad as it gets, writes Nick Leeson.

Wednesday 11 July, 2012

Column: Make an example of bankers. Just do it.

Former trader Nick Leeson says an example was quite rightly made of him when his actions led to the collapse of Barings Bank – why isn’t that happening now?

Monday 25 June, 2012

Nick Leeson: On Mick Wallace and his 'false economy'

The Wexford TD is symptomatic of the move from delayed gratification to credit consumerism which we are still struggling to shake off, writes Nick Leeson.

Tuesday 12 June, 2012

Nick Leeson: Young man's tragedy is part of national illness of suicide

Former trader Nick Leeson knows what it is to be on the brink of despair – and says communicating the pain is vital to be able to pull back from the edge.

Wednesday 30 May, 2012

Column: Let's stop pussyfooting around the Bloxham debacle

Former trader Nick Leeson is fed up with the light-touch reporting on the Bloxham demise – and with what he deems as inaction by the Central Bank and Financial Regulator.

Tuesday 29 May, 2012

Column: Low rate of lending to Germany has put them in driving seat

The gap between those who can access the markets and those who can’t continues to wide, writes Nick Leeson…

Monday 14 May, 2012

Column: Nick Leeson - My heart says 'No', but my head says 'Yes' columnist nails his colours to the mast and says that a ‘Yes’ vote is the only message to send out if we want access to funds at the keenest rates possible.

Monday 30 April, 2012

Column: There IS white collar crime here - it's just that no-one is jailed for it

This week, regular columnist Nick Leeson says that Ireland technically doesn’t have white collar crime – but only because no-one is being properly punished for bad business actions.

Tuesday 17 April, 2012

Column: Spending public money - where's the master plan?

Former trader Nick Leeson has an idea to sort out the State coffers – get a bunch of hard-nosed business people to assess the waste and root out value for money.

Tuesday 3 April, 2012

Column: Did you hear the one about the developer, the banker and the politician?

Former trader Nick Leeson on bidding wars at boom-time black-tie balls… and how someone saw fit to flick the over-ride switch so the excess could continue.

Monday 19 March, 2012

Column: Could we learn something from India's banking ethics?

The culture of ‘profit at any cost’ appears to be on the wane in Mumbai, where Nick Leeson has been studying the market – but he’s wondering if the idea of ethics in banking is just ticking a box.

Monday 5 March, 2012

Column: Young people need to reject the ideas my generation grew up with

If the country is to emerge from the current recession and austerity measures, young people need to become more entrepreneurial writes Nick Leeson

Monday 20 February, 2012

Column: All the warnings of cancer were there, but I ignored them

Former trader Nick Leeson writes about his experience of cancer, and how it taught him the overriding importance of knowing the signs.

Tuesday 7 February, 2012

Column: We’re all in this together? Yeah, right.

Politicians tell us we’re all in the same boat – but their expenses and other wasteful decisions tell a different story, writes former trader Nick Leeson.

Monday 23 January, 2012

Column: It's the turn of banks to pay a financial transaction tax

This week, former trader Nick Leeson says it’s time Enda Kenny stop playing softball with the banks and siding with UK politicians – and focus on getting restitution for his citizens.

Tuesday 10 January, 2012

Column: I don't have political leanings - but neither, it seems, has Labour

This week, former trader Nick Leeson explains how he left London believing all UK political parties were the same – and how it looks like Ireland’s Labour party is also losing its Robin Hood status.

Monday 26 December, 2011

Column: Nick Leeson's 4 lessons learned from 2011

Ireland and a euro break-up, the truth about tribunals, white collar crime and the dangers of ‘pay day’ loans – former trader Nick Leeson rings the closing bell on 2011.

Tuesday 13 December, 2011

Column: Why David Cameron made the right decision...

Those in the eurozone are facing a ‘lost decade’, writers former trader Nick Leeson – and who would want to hand over more policy-making power to the managers of that crisis?

Monday 28 November, 2011

Column: New CEO of AIB knows the tale of two islands

Former trader Nick Leeson writes that David Duffy should be up to the challenge of bringing AIB to heel – after all, Duffy oversaw the takeover of Barings Bank in Singapore, the very bank brought down by Leeson’s actions.

Monday 14 November, 2011

Column: Whistleblowers in banking are doing the right thing - but not for themselves

Former trader Nick Leeson finds that those who try to expose problems in the banking sector and would be heroes anywhere else are made pariahs in their world.

Tuesday 1 November, 2011

Column: Confused about what will happen to the euro? Everyone is.

Former trader Nick Leeson speaks to those working at the heart of financial markets and finds that uncertainty and confusion is thwarting a move forward.

Sunday 16 October, 2011

Column: “Growing up, I never expected to spend a day in prison – never mind four years”

Former trader Nick Leeson says that keeping his mistakes hidden made matters worse and – literally – ate him up inside. With the rise in mental health problems, we should all learn to talk it out…

Monday 3 October, 2011

Column: Michael Fingleton's expense claims are despicable - but they are tip of the iceberg

Former trader Nick Leeson laments the lack of real will to bring ex-Irish Nationwide chief Michael Fingleton to account but notes that the excesses of certain individuals are distracting us from the wider banking scandal.

Monday 19 September, 2011

Column: Greek crisis might not be all bad for Ireland

Former trader Nick Leeson argues that while Greece would take a long time to recover from a default, it could have a number of outcomes for Irish fortunes…

Monday 5 September, 2011

Column: David Drumm and Anglo fiddled while Rome burned

Former trader Nick Leeson concludes that revelations about how Anglo Irish Bank ‘partied’ at the end shows the measure of executives’ contempt – and the extent of David Drumm’s abuse of his post.

Monday 22 August, 2011

Column: Time to think outside the box on Irish banks

Amid calls for Irish investors overseas to direct their funds closer to home, Nick Leeson says the idea of reversing NAMA loans back to banks is well worth considering.

Monday 15 August, 2011

Column: Herd mentality led the UK riots – and it’s also what got us into economic trouble

Former trader Nick Leeson argues that, while it might not seem obvious at first, the psychology behind street rioters is not dissimilar to that which drove the markets, the bankers and property developers into a speculation frenzy.

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