So Just How Much Money is Out There?
About 20 years ago, 'Rogue Trader', Nick Leeson was a little careless with 1.3 Billion pounds, resulting in the collapse of Barings bank. This is the personal bank to HRH the Queen, that funded the Napolionic war.
Recently, Jerome Kerviel, was similarly, scatty with £3.7Billion pounds of money from Societe Generale.
This is nearly three times as much and yet the French bank still managed to turn a small profit!
posted by Tickersoid at 12:01 PM
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6 Comments:
I have a Canadian five dollar bill in my pocket.
That converts to about 2.5 pounds.
So there's at least that much more floating about.
I have a net worth of over $5.2B but I keep most of that in cigarettes in case the trial goes badly.
i found a dollar on the washing machine. i don't think that converts to anything.
But he lost the bet, so someone somewhere won the bet and now has the cash????
Who?
me.
really.
Would anyone like to take a bet from me for like 27 billion...
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