Barings failed to recognize that Nick Leeson’s losses were increasing because:

Posted by: Pdfprep Category: 8004 Tags: , ,

Barings failed to recognize that Nick Leeson’s losses were increasing because:
A . Leeson ran the front office
B . The London office did not ask for any reports
C . Leeson hid his trades in a suspense account
D . The margin report sent to London did not show the true margin needs

Answer: C

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