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January 24, 2008
Rogue trading is all in a day's work, says Nick Leeson who toppled Barings Bank in 1995 with illicit trading worth $1. 6 billion, but the $7. 2 billion fraud that cost France's banking giant Societe Generale is frightening. "Rogue trading is probably a daily occurrence within the financial markets," Leeson told the BBC. "What shocked me was the size. I never for one moment believed it would get to this degree of magnitude, this degree of loss. "
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December 21, 2007
Topics fire, dog, house, ipod, smart, nick, flames, eye, puppy, real, truck, star, hospital and woman
A woman managed to escape from a house fire in the nick of time, thanks to the warning from her dog. Cathy Minnig of Eagan, Minn. was exercising on the treadmill located at the basement of her home Wednesday, noticed her Labrador puppy, Riley, jumping up and down the couch, and acting in an unusual manner. Minnig, who was listening to her iPod during the time, took of her headphones to hear the sounds of fire alarms.
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December 16, 2007
Topics game, video, smoking, christmas, pot, ebay, boy, budget, nick, hero, teacher, marijuana, friends, help, family and school
A father sold the hard-to-find video game "Guitar Hero III he bought for his son for $90 as a Christmas present at an online auction for a whopping $9,000 after he caught his 15-year-old teenage son smoking marijuana. The sale occurred after the father searched for the video game for the Nintendo WII game board. The father spent two weeks searching for the video game as a Christmas present for his boy.
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December 12, 2007
Topics book, hair, cnn, photo, nick, ford, movies, owned, hands, christmas, war, real, love, death and house
A book with a lock of John Lennon's hair will be put up for auction on Wednesday, and experts predict that it could go for as much as $6,200. The book "A Spaniard in the Works" was the same one Lennon gave to Betty Glasgow, the official Beatles hairdresser, with the lock of hair purposely inserted inside. Inside the book can be found the inscription, "To Betty, Lots of Love and Hair, John Lennon. "
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May 19, 2007
It sounds like a tale from a storybook but the sunken treasure found in the Atlantic Ocean Friday is real and worth $500 million. Odyssey Marine Exploration deep-sea explorers found a shipwreck that yielded 17-tons of colonial-era gold and silver coins in an undisclosed area in the ocean. They brought the booty to the surface in plastic containers to be analyzed.
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