Word: branegan
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...Reported by John Colmey and Frank Gibney Jr./Singapore, Edward W. Desmond/Tokyo, Jay Branegan and Barry Hillenbrand/London, Bruce van Voorst/Bonn and Sribala Subramanian/New York
...triggered worldwide stock slides today. Baring investors and its U.S. subsidiaries may not suffer losses, but their deposits have been frozen. Leeson was dealing in stock derivatives, the same financial instruments that led to the bankruptcy filing last year by Orange County, Calif. TIME Brussels bureau chief Jay Branegan expects political pressure to strengthen derivative regulations, although he says tougher rules would not have protected Baring. "This was simply a rogue trader," says Branegan...
Europe: James O. Jackson London: Barry Hillenbrand Paris: Thomas Sancton Brussels: Jay Branegan Bonn: Bruce van Voorst Central Europe: James L. Graff Moscow: John Kohan, Sally B. Donnelly Rome: Greg Burke Istanbul: James Wilde Jerusalem: Lisa Beyer Cairo: Dean Fischer Beirut: Lara Marlowe Nairobi: Andrew Purvis Johannesburg: Scott MacLeod New Delhi: Jefferson Penberthy Beijing: Jaime A. FlorCruz Hong Kong: William Dowell Southeast Asia: Frank Gibney Jr. Tokyo: Edward W. Desmond Ottawa: Gavin Scott Latin America: Laura Lopez...
Europe: James O. Jackson London: Barry Hillenbrand Paris: Thomas Sancton Brussels: Jay Branegan Bonn: Bruce van Voorst Central Europe: James L. Graff Moscow: John Kohan, Sally B. Donnelly Rome: Greg Burke Istanbul: James Wilde Jerusalem: Lisa Beyer Cairo: Dean Fischer Beirut: Lara Marlowe Nairobi: Andrew Purvis Johannesburg: Scott MacLeod New Delhi: Jefferson Penberthy Beijing: Jaime A. FlorCruz Hong Kong: William Dowell Southeast Asia: Frank Gibney Jr. Tokyo: Edward W. Desmond Ottawa: Gavin Scott Latin America: Laura Lopez...
Europe: James O. Jackson London: Barry Hillenbrand Paris: Thomas Sancton Brussels: Jay Branegan Bonn: Bruce van Voorst Central Europe: James L. Graff Moscow: John Kohan, Sally B. Donnelly Rome: Greg Burke Istanbul: James Wilde Jerusalem: Lisa Beyer Cairo: Dean Fischer Beirut: Lara Marlowe Nairobi: Andrew Purvis Johannesburg: Scott MacLeod New Delhi: Jefferson Penberthy Beijing: Jaime A. FlorCruz Hong Kong: William Dowell Southeast Asia: Frank Gibney Jr. Tokyo: Edward W. Desmond Ottawa: Gavin Scott Latin America: Laura Lopez...