London Real

Nick Leeson, the former Barings trader, tells Brian Rose how a small error became the 88888 account, why controls failed and what he learned in prison.

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Chapters

• 4:42 Brian's introduction
• 5:25 Growing up in Watford and starting at Coutts
• 9:47 Moving to Singapore with Barings
• 11:55 What derivatives actually are
• 14:00 Why compliance lags behind new products
• 19:33 Young Nick and life in Singapore
• 22:15 The first losses and the 88888 account
• 25:48 Spoofing, layering and chaos on the trading floor
• 30:02 How trading errors happen
• 37:31 The original ten thousand dollar error
• 41:19 Culture and why wrong behaviour spreads
• 48:01 Hiding losses from audit
• 51:33 The 1992 year-end audit
• 56:38 Selling options to fund the account
• 1:00:54 Why he could not tell anyone
• 1:03:36 Why you should ask for help
• 1:10:49 Status, Allfirst and the immature person
• 1:13:13 The final two years
• 1:19:26 Kobe and the forged receivable
• 1:24:38 The day the bank collapsed
• 1:30:47 What banks learned and have forgotten
• 1:39:04 Fleeing Singapore and the arrest in Frankfurt
• 1:44:53 Life in a Singapore prison
• 1:47:38 Divorce and cancer in prison
• 1:54:32 How prison changed him
• 1:58:31 Advice to his younger self

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Watch the full episode for free here: https://londonreal.tv/e/nick-leeson/

Nick Leeson is better known as the "Rogue Trader", who was made famous for causing the fall of Barings Bank in 1995 - arguably the biggest financial scandal of the twentieth century.

After losing an estimated 826 million pounds trading derivatives, and causing the bankruptcy of Barings Bank, he was sentenced to six and a half years in a Singapore prison. During this time he wrote his autobiography "Rogue Trader", which was made into a movie starring Ewan McGregor.

Today Nick spends his time advising major financial institutions around the world, ensuring they learn from your mistakes and maintain the correct compliance, control, and transparency.

NICK LEESON:

Website: https://www.nickleeson.com

Dennis McKenna told Brian Rose in 2020 how ayahuasca, DMT and psilocybin reshape reality, recalled La Chorrera with Terence McKenna and set out his plans for the McKenna Academy.

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Chapters

• 4:28 Brian introduces Dennis McKenna
• 6:51 The invitation to Costa Rica
• 11:31 Psychedelics and the reality hallucination
• 22:46 Psychedelics and meditation
• 26:43 Why we are made of drugs
• 32:02 Why ayahuasca: set, setting and ritual
• 42:21 What makes a drug psychedelic
• 46:21 Addiction and microdosing
• 52:36 How DMT and ayahuasca work
• 56:58 Berkeley and the search for oral DMT
• 1:01:00 La Chorrera and the mushrooms
• 1:13:05 Losing their mother
• 1:15:12 Bringing psilocybin to the world
• 1:19:21 Remembering Terence McKenna
• 1:25:46 Climate change and a critical decade
• 1:29:53 The McKenna Academy of Natural Philosophy
• 1:34:07 Decriminalisation and the right to symbiosis
• 1:46:22 Denial, frustration and hope
• 1:53:59 The Academy's future and the zeppelin
• 2:04:16 How to start learning about psychedelics

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Watch the full episode for free here: https://londonreal.tv/e/dennis-mckenna/ Dennis McKenna is the American ethnopharmacologist, author and psychedelic expert. Across the past 4 decades he has been a pioneer in psychedelic discovery and the use of plant medicines, including psilocybin, DMT, and Ayahuasca, alongside his late brother Terence McKenna.

Dutch breakdancer Menno van Gorp tells Brian Rose how he won Red Bull BC One three times, why willpower beats talent and what the Olympics mean for breaking.

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Chapters

• 2:26 Brian introduces Menno and breaking
• 5:35 The pressure of Red Bull BC One
• 9:10 Finding your own style
• 11:05 Battling and getting inside an opponent's head
• 14:03 Confidence on stage
• 15:42 Judo and learning to fall
• 17:57 Breaking as art, not sport
• 20:21 Willpower and why Menno is dangerous in finals
• 22:02 A practice battle and speaking with the body
• 24:19 Tools for blackout moments
• 27:20 Ciphers and strategic battles
• 28:54 The final against Killer Koya
• 36:46 Competition training and losing the joy
• 41:37 Fatherhood and focus
• 45:20 Slum Dance in Kenya and Breakers for Breakers
• 48:27 B-boy culture and community
• 51:29 Hard work beats talent
• 54:21 From teenage dancer to professional
• 58:40 Starting a clothing brand
• 1:05:22 The history and elements of breaking
• 1:15:45 Menno's flow and storytelling
• 1:20:01 Embracing mistakes and constraints
• 1:24:57 Breaking in the Olympics
• 1:29:38 B-Boy Storm
• 1:35:46 Menno's superpower

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