Word: lone
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...could have been the plot of a thriller: A young lone trader secretly concocts bogus transactions for months, in an attempt to cover his spiraling losses, until he has siphoned off billions of euros from under the noses of one of France's most venerable institutions. For Société Générale - France's second-biggest bank - the details were all too real, however, as stunned executives attempted to explain on Thursday how a mid-level employee lost 4.9 billion euros ($7.2 billion) in a rogue operation without anyone noticing...
...Leeson bankrupted the 230-year-old Barings Bank in 1995, after losing $1.38 billion in fictitious trades on Asian futures markets, single-handedly wiping out Barings' cash reserves. Leeson was jailed for more than three years in Singapore, and the scandal became almost synonymous with the power of a lone employee to unravel a large company. At the time, officials at various banks said they were tightening internal security measures in order to avert a similar disaster...
...extremely difficult for a wrestling team to put up a fight in dual meets when an undermanned lineup faces some of the nation’s top competition. Harvard learned that firsthand when it traveled to Texas this Saturday for three dual meets known as the Lone Star Duals with a depleted squad...
...Earlier in the third period, the Big Red scored its lone goal of the game, also on a power play. Cornell was playing without freshman Rebecca Johnston, the top-scoring freshman in the nation, who was on national duty playing for Canada’s Under-22 team...
...rather than white smoke, we'll know there is a new "black pope" by the sound of applause through the wooden doors of the Jesuit sala. As for revealing the new Superior General's identity to the world: before the delegates are allowed to leave the voting hall, a lone messenger will take the short walk over to St. Peter's Square to be sure that, by tradition, the first person to know the name of the new Jesuit leader is the one and only real Pope. With reporting by Francesco Peloso/Rome