Chapter 2060 Revenge Begins 1

Ignoring the beautiful woman's resentful eyes, we are all adults; we just took what we needed before, don't take it too seriously! Besides, Bao Zixuan doesn't like all kinds of women, and it's not like it's a big deal at such a sensitive period.

It can only be regarded as a pleasure when you are young, and as you get older, it's better to have less contact. It's not that the body can't keep up, but more that men are the same; they always like young girls.

Even though Angela Rothschild is not very old at this moment, there is still a big gap in appearance compared to the past few years.

At the same time, it is also sending a signal, that is, the relationship between the two has ended; too many conflicts of interest are not a good thing.

Angela Rothschild has developed a character of not admitting defeat since she was a child, and has also seen too much warmth and coldness in the world. At least at this moment, there is no resentment towards Bao Zixuan, it's a matter of mutual consent; knowing who the other person is, why take it too seriously.

But how can I be willing to give up directly? I sneered in my heart, and I will definitely take back everything that belongs to me in the future.

Bao, the richest man, didn't know that Angela Rothschild had already begun to plan carefully; or it could be called a big move, and she had taken both the Black Cloud Group and the Rothschild family into account.

It was no secret that Hong Kong businessmen were making large-scale acquisitions in the UK, but what was strange was that the British media did not overreact to this. After all, everyone knew what situation the British Empire was facing at the moment, and the news media would naturally not go against the authorities.

However, it was not that there was no report at all. With Bao's deliberate promotion, the Barings Bank incident was reported.

Leeson officially started working at Barings Bank on July 10, 1989. Before that, he was an employee in the clearing department of Morgan Stanley Bank. After joining Barings Bank, he quickly got the opportunity to work in the Indonesian branch. Because he was patient and perseverant, good at logical reasoning, he could quickly solve many problems that had not been solved before. This made the work better. Therefore, he was regarded as an expert in futures and options settlement. The London headquarters was quite satisfied with Leeson's work in Indonesia and allowed him to be assigned a suitable position overseas. In 1992, the Bahrain headquarters decided to send him to the Singapore branch to set up a futures and options trading department and serve as general manager.

No matter what transaction you make, mistakes are inevitable. But the key is how you deal with these mistakes. This is especially true in futures trading. Some people will mistake the "buy" gesture for the "sell" gesture; some people will buy contracts at the wrong price; some people may not be cautious enough; some people may buy March futures instead of June futures, and so on.

Once a mistake is made, it will cause losses to the bank. After these mistakes occur, the bank must handle them quickly and properly. If the mistake cannot be recovered, the feasible way is to transfer the error to an account called "error account" in the computer and then report it to the bank headquarters.

When Leeson was a futures trader in Singapore in 1992, Bahrain Bank originally had an "error account" with the account number "99905" to deal with errors caused by negligence during the transaction process. This was originally a normal error account in the operation of the financial system. In the summer of 1992, Gordon Bowser, who was in charge of the clearing work at the London headquarters, called Leeson and asked him to set up another "error account" to record minor errors and handle them in Singapore to avoid trouble in London. Leeson immediately found Lissel, who was in charge of office clearing, and asked her whether a separate file could be set up.

Soon, Lissel typed some commands in the computer and asked him what account number he needed. In Chinese culture, "8" is a very auspicious number, so Leeson used it as his lucky number. Since the account number must be five digits, the "error account" with the account number "88888" was born.

A few weeks later, the London headquarters called again. The headquarters had configured a new computer and asked the Singapore branch to follow the old rules. All error records were still reported directly to London by the "99905" account. The "88888" error account was shelved as soon as it was established, but it became a real "error account" stored in the computer. Moreover, the headquarters had noticed that there were many errors in the Singapore branch, but Leeson cleverly evaded them. The ignored account "88888" provided Leeson with an opportunity to create false accounts in the future; if this account had been cancelled at that time, Barings Bank would not have suffered such a huge loss.

In addition to covering up the mistakes of traders, another serious mistake was to win over Bonnyfoy, the largest customer in the Nikkei market. In late 1993, for several consecutive days, the market price soared by more than 1,000 points every day, breaking records. The computer screen used for clearing records frequently malfunctioned, and countless transactions were backlogged. Because the system could not work properly, the transaction records were all recorded manually. By the time various errors were discovered, Leeson's losses in one day had reached nearly 1.7 million US dollars. With no way out, Leeson decided to continue to hide these mistakes.

Over time, Barings Bank's losses exceeded 3.2 billion pounds; much more than in the previous life! Of course, it cannot be blamed entirely on Leeson alone, and it is also directly related to the poor management of Barings Bank's headquarters!

You must know that 3.2 billion pounds is only the loss of Barings Bank's Singapore branch; if other branches have similar problems, the losses will be unbearable.

Charter King Hesha Dantong, who was celebrating the successful acquisition of Barings Bank in London, could not believe his eyes; he did not conduct too much investigation out of trust in the Rothschild family.

Besides, even if there is an investigation, there will be no results in a short period of time. After all, even the headquarters of Barings Bank cannot be traced, so how can outsiders know about it.

It is absolutely impossible to say that the Rothschild family had no knowledge before; it is simply an insult to their intelligence. Maybe they have already dug a hole for them to jump out of, but the two families didn't hesitate!

The celebration ended early, and the top priority was to solve the problem.

If it cannot be handled properly, it will not only affect the two companies' investments in the UK; it may even endanger Hong Kong's fundamentals.

The charter king said with a serious expression: "Zheng Sheng, what exactly is going on? I hope you can give a reasonable explanation!"

Before coming here, there was no preparation to acquire Barings Bank. It was always a combination of cowardice and matchmaking; it is difficult not to make people suspicious.

They are all smart people, and they naturally understand the meaning behind the charter king's words; it is suspected that he and old Rothschild set a trap for the Bao family and deliberately cheated the money.

If you really think so, he is indeed being unfairly accused; you must know that the Zheng family itself cannot be protected at this moment, and a layer of skin will be peeled off even if they die.

Zheng Yutong said very seriously: "King of Chartered Ships, I really don't know what's going on, and I won't work with outsiders to trick you."

"I don't have many friends in Xiangjiang anymore, and I can't find any allies except the Bao family. Although I don't know why the Rothschild family did this, I think it has something to do with that boy Bao Zixuan!"

In fact, the chartering king was also skeptical, thinking that if Zheng Yutong was not stupid, it would be impossible to join forces with the Rothschild family to deceive him.

As the other party said, it was because of Bao Zixuan; plus the Zheng family's development had stagnated in recent years, so they really didn't have many friends.

Billions of pounds may be lost, but for the Zheng family, it seems that it cannot solve the actual problem, and will instead suffer crazy revenge!

It is impossible to ease the relationship with Bao Zixuan if he offends himself; but it will be of no benefit to the Zheng family at all!

The Rothschild family is mysterious and domineering; but its business reputation is not bad, and logically it shouldn't be this way. Is it possible that someone really pushed it from behind?

There is Bao Zixuan behind the war in Somalia, and I heard that he provided the weapons and equipment; it is not impossible to deliberately trick the two of them!

The Charter King thought for a moment and said, "I understand Zheng Sheng's character; I will never do anything that would hurt my relatives and make my enemies happy."

"Now that something has happened, we must first grasp the detailed information; then take appropriate measures to minimize the loss!"

The fact that the media can report it shows that the matter is basically real; the chartered boat king is indeed a master who has seen it before and can grasp the key points in an instant.

Although Shark Dantong is helpless, there is currently no good solution; he can only bite the bullet and actively solve the problem.

The Charter King has been making a conspiracy in his heart. Ever since he cooperated with Shark Dan, he has never had a smooth and satisfactory result. Whether the original decision was correct or not, the more I think about it, the more regretful I feel.

Even if you want to make amends, it's not that easy; Bao Zixuan's revenge will only become more intense; wish yourself good luck!