Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
On this day, February 26, 1995, Barings Bank, the oldest merchant bank in London, was declared insolvent.
https://en.wikipedia.org/wiki/Main_Page (for February 26, 2025)• 1995 – Barings Bank, the oldest merchant bank in London, was declared insolvent after its head derivatives trader in Singapore, Nick Leeson, lost £827 million while making unauthorised trades on futures contracts.
2 replies
= new reply since forum marked as read
= new reply since forum marked as read
Kick in to the DU tip jar?
This week we're running a special pop-up mini fund drive. From Monday through Friday we're going ad-free for all registered members, and we're asking you to kick in to the DU tip jar to support the site and keep us financially healthy.
As a bonus, making a contribution will allow you to leave kudos for another DU member, and at the end of the week we'll recognize the DUers who you think make this community great.