31. Much of the money wound up bailing out private investors who had made risky bets in developing countries. 32. The investment strategy was in effect a risky bet that interest rates would fall. 33. The man blamed for conducting the risky bets is Nicholas Leeson, the Baring Futures Singapore general manager who left Singapore after the debacle. 34. The package included curbs on short-selling of Japanese equities and tightened restrictions on margin sales and other risky stock bets. 35. The package included curbs on short-selling of Japanese equities, tightening restrictions on margin sales and other risky stock bets. |