1. "Boiler Room"

Produced by New Line Cinema in 2000

Starring: Giovanni Ribi Giovanni Ribisi

Ben Affleck

Director: Ben Younger

Type: Social Film< /p>

The core office of the J.T. Marlin Agency is known to employees as the "boiler room." Don’t underestimate this place – 20 millionaires can be born here in one night! It is in this "boiler room" that scrappy young brokers sell stocks over the phone to buyers who deeply trust them and help them trade stocks. And they were rewarded with luxury apartments, Ferraris and more lavish gifts than they could even imagine. In the ordinary land of Long Island, in the "boiler rooms" of countless brokerage companies, Generation X is realizing their dreams at an alarming speed, but sometimes they are just one step away from the law...

19-year-old Seth Davis was originally an ordinary person. He has only two dreams in his life: because his family is in a poor situation, he hopes to earn a million in the future; and because his father has always looked down on him since he was a child, he hopes that when he can make his father look at him differently and respect him, . How can these two dreams be realized? At first, Seth planned to start a business by playing an illegal card game with others, but he soon discovered that this path was not feasible at all. Finally, he decided to take a legal path: join J.T. Marin Brokerage Company to become an agent, because the company promised to provide him with the "quickest path to success."

Being a "boiler room member" does seem to be an enviable career. Seth wore a suit every day, worked day and night, and soon passed the stock broker certification exam with excellent results. He is as busy as a spinning top all day long. In the process of constantly calling customers, constantly calculating and operating, and constantly attracting new customers, Seth's original dream - deposits in the bank and the desire to be a good son... Wishes - all seem to be coming true...

2. "How I brought down Barings Bank" (Rogue Trader)

Director:

James Dearden

Starring:

Ewan McGregor

Tom Wu

John Standing

Anna Friel< /p>

Genre: Thriller/Drama/Crime/History

Duration: 101 min

Country/Region: United Kingdom

Dialogue Language: English

Distributing company: Cinemax

Release date: June 25, 1999, United Kingdom

In 1995, Barings Bank, one of the oldest banks in the world It went bankrupt. It was once the most trusted financial institution by the British aristocracy. With more than 200 years of excellent business history, it failed to escape the outcome of bankruptcy. The incident shocked the world. In order to uncover the mystery of this incident, CCTV's "Economic Half Hour" special program "Capital Markets" went through many twists and turns and finally interviewed Peter Norris, the then prominent CEO of Bahrain Investment Bank.

On the outskirts of London, in a small cinema that can only accommodate about 150 people, we met Peter Norris, the then CEO of Bahrain Investment Bank

. After Peter Norris resigned, he now became the owner of this small cinema. Peter Norris said: "The Barings Group owned a number of different banks and I happened to be chief executive of the investment bank when the Barings Group collapsed. It was in the investment bank that I was leading that Leeson's crimes occurred. It was Leeson who Did Sen destroy Barings? It was his crimes that led to the bank's collapse. The collapse of Barings Bank."

What is shocking is that such a tragic ending for Barings Bank came from an ordinary securities trader, Nick Leeson. Nick Leeson joined Barings Bank in 1989 and was sent to Singapore in 1992 to become the general manager of Barings Bank Singapore Futures Company. It was also in Singapore that Nick Leeson brought down Barings Bank.

Futures traders will inevitably make some mistakes in their transactions. Therefore, they usually open a special account to temporarily store those erroneous transactions and wait for the right market to recover their losses. However, the error account was repurposed in the hands of Nick Leeson, who credited his failed trades to cover up losses. As a result, in order to make back the money he lost, Nick Leeson's gambling became bigger and bigger, until it reached an uncontrollable situation.

On the evening of February 23, 1995, Nick Leeson, who had lost all his money in Barings Bank, embarked on a journey to escape.

However, the frightened escape career only lasted four days. On February 27, 1995, Nick Leeson was arrested at Frankfurt Airport in Germany as he just stepped off the airplane ladder.

On November 22, 1995, Nick Leeson once again became the focus of global news. He was extradited from Germany to Singapore, and only a week later, he was put on trial. According to Singapore's Securities and Exchange Act, Nick Leeson was sentenced to six and a half years in prison for fraud. As a result, he became a prisoner in Tanah Merah Prison in Singapore.

Nick Leeson used deception to cause Barings Bank to suffer a huge loss of 860 million pounds, thus putting Barings Bank on the road to death. The Nick Leeson incident was no accident. In the history of capital market development, large investors have violated the interests of small investors, intermediaries have harmed the interests of customers, and listed companies have deceived shareholders. Therefore, the market requires a series of strict legal constraints and a strong regulatory system. As Nick Leeson’s immediate boss, one can imagine how Peter Norris felt after taking the blame and resigning. For a long time after the bankruptcy of Barings Bank, Peter Norris was miserable and hated Nick Leeson. But after all, five years have passed, and now he seems to be much calmer when facing visitors.

In July 1999, Nick Leeson was released on medical parole for medical treatment due to cancer, and he returned to London. Previously, he wrote "How I Broke the Bank of Barings" while in prison. In the book, Nick Leeson describes the true story of the entire incident. Of course, Li Sen has Li Sen's feelings, but the one who feels more profoundly than Nick Lison is probably this Peter Norris. Peter Norris said: "I think there are a lot of lessons to be learned from this, the most basic of which is not to take it for granted that all employees are upright and honest. That's the sad thing about human nature. For many years, Barings has believed that employment All employees are trustworthy, believe in the corporate culture of Barings Bank, and always have the company's interests at heart. In the case of Li Sen, we found that he has been dishonest during his service at Barings Bank. The management of the institution should learn lessons from the Lison incident and realize the risks of employing people. Barings Bank has many shortcomings in its internal management mechanism. It has not discovered Lison's criminal behavior in time, and when it was discovered, it was already too late. Late. So, I think the lesson is to be extremely vigilant at all times.”

Although, the joint investigation by the Singaporean and British courts showed that the Bahrain incident was entirely the fault of Nick Leeson. The bank's management has no legal liability. However, Peter Norris still believes that the bankruptcy of Barings Bank is closely related to the chaos of its internal management.

The book "How I Broke the Bank of Barings" written by Nick Leeson in prison was quickly made into a movie. One day at the end of 1999, the film was screened for the first time in a small cinema run by Peter Norris. Suddenly his projectionist came and told Peter that a man who looked a lot like Nick Leeson was sitting in the cinema. When the movie ended, Mr. Peter Norris saw clearly that the man was Nick Leeson himself.

One is the former CEO of Bahrain Investment Bank, and the other is the perpetrator who brought down the bank. After the collapse of Barings Bank, the two met for the first time in this cinema where countless tragedies and comedies of life had been staged.

Peter Norris can still make his own profit from cinema revenue after all. However, Nick Leeson is very different. All copyright income that should belong to Nick Leeson will be used to repay the debts of Barings Bank creditors.

3. The most popular talk show "The Suze Orman Show"

A weekly live-to-tape TV special of well-known personal finance expert Suze Orman's radio broadcast of " The Suze Orman Show."

Since its launch in 2002, it has received numerous positive reviews!