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...chairman of Baring Brothers & Co. suspects his bank was sabotaged by a get-rich-quick plot to wreck the institution. Peter Baring told the Financial Times of London that he believes Singapore-based trader Nicholas Leeson, 28, may have teamed with an accomplice to bet against Baring on the futures market and cash in when the bank went under last weekend. There was no independent confirmation of Baring's charge. Leeson's investments in Tokyo stock futures on Baring's behalf cost the bank more than $1 billion, forcing it into bankruptcy after the market fell last week. Leeson fled...

Author: /time Magazine | Title: BARING CHAIRMAN SUSPECTS SABOTAGE | 2/28/1995 | See Source »

...year-old British stock trader whose high-stakes gambles caused the collapse of England's oldest merchant bank is nowhere to be found. The Business Times in Singapore reported that Baring Brothers & Co. trader Nicholas William Leeson, who was working for the bank in Singapore, fled the country today, as the bank sought a criminal investigation. Leeson allegedly gambled more than the bank was worth on Tokyo stock futures, losing more than $1 billion when the market fell last week. That forced Baring to declare bankruptcy yesterday and triggered worldwide stock slides today. Baring investors and its U.S. subsidiaries...

Author: /time Magazine | Title: THE MAN WHO BROKE THE BANK | 2/27/1995 | See Source »

Mostly it's bad. Though Carsey and Werner are not exactly groundbreakers, their shows have brought a less frenetic, more naturalistic style to the sitcom genre. But Grand (created by Michael Leeson, who wrote The War of the Roses) is packed with plot twists and gag lines, most of them leeringly lame. ("Desmond, have you ever been intimate when the two of you knew you weren't in love?" "I've been intimate when the three of us knew we weren't in love.") The show strives to be a wacky send-up of soap operas, but it lacks...

Author: /time Magazine | Title: Video: Banging Away at the Piano Works | 1/29/1990 | See Source »

Screenplay by Michael Leeson...

Author: /time Magazine | Title: Cinema: Marriage to The Bitter End | 12/11/1989 | See Source »

...realistic. One imagines them heading for the sort of civilized divorce settlement that people with a fair amount of community property to protect generally work out. No such luck for the Roses. All kinds of good luck for moviegoers willing to follow director Danny DeVito and screenwriter Michael Leeson down an increasingly dark and comedically dangerous path. The problem is their house, symbol of everything they have struggled to achieve. Barbara is willing to forgo alimony if she can keep it. Oliver is ready to pay her almost anything if he can have it. His lawyer (nicely played by DeVito...

Author: /time Magazine | Title: Cinema: Marriage to The Bitter End | 12/11/1989 | See Source »

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