The Refco Collapse: From $3.5 Billion IPO to Bankruptcy in 60 Days
Refco collapse: how the commodities brokerage hid $430 million in bad debts, imploding just two months after its IPO.
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BCCI: The $20 Billion Criminal Bank That Fooled the World
BCCI scandal: how the Bank of Credit and Commerce International became the world’s most corrupt bank, laundering money for dictators and drug cartels.
The Société Générale Trading Scandal: How One Trader Lost $7 Billion
Société Générale rogue trader scandal: how Jérôme Kerviel racked up $7.2 billion in losses through unauthorized trades, the largest in banking history.
Adelphia Communications: The Rigas Family’s $2.3 Billion Cable TV Fraud
Adelphia Communications fraud: how the Rigas family looted $2.3 billion from their own cable company and hid billions in debt from investors.
Nortel Networks: The $250 Billion Tech Giant That Became Canada’s Biggest Corporate Fraud
Nortel Networks scandal: how the telecom giant cooked its books during the dot-com bust, wiping out $360 billion in shareholder value.
Barings Bank: How One Rogue Trader Destroyed the World’s Oldest Merchant Bank
Barings Bank collapse: how rogue trader Nick Leeson single-handedly destroyed the world’s oldest merchant bank with $1.3 billion in unauthorized trades.
Greensill Capital: The Supply Chain Finance Empire That Evaporated Overnight
Greensill Capital scandal: how a supply chain finance firm collapsed overnight, threatening 50,000 jobs and exposing ties to former UK Prime Minister David Cameron.
Archegos Capital Management: The $36 Billion Margin Call That Shook Wall Street
Archegos Capital collapse: how Bill Hwang’s $36 billion family office imploded in days, causing $10 billion in bank losses and exposing hidden leverage risks.