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A copy of a 1992 letter from James Bax, managing director of Barings overall operations...

IMAGE number
REU7656353
Image title
A copy of a 1992 letter from James Bax, managing director of Barings overall operations in Singapore.., 1995-03-04 (photo)
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Photographer
Luis D'Orey
Medium
photograph
Date
1995 AD (C20th AD)
Shooting Date
1995-03-04
Image description

A copy of a 1992 letter from James Bax, managing director of Barings overall operations in Singapore, is made public March 4 at a joint news conference by the Singapore stock exchange, futures exchange and monetary authority. The letter refers to a "danger of setting up a structure which will susequently prove disastrous", and refers to Nick Leeson's role in the local office

Photo credit
REUTERS/Luis D'Orey / Bridgeman Images
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