List of trading losses

References

1. "The Practitioner's Guide to Securities Arbitration"
   https://web.archive.org/web/20141006122912/http://www.frankowskifirm.com/chapter-14-damages.html
2. "Foreign Exchange Rates (Annual), Federal Reserve Statistical Release G.5A"
   https://www.federalreserve.gov/releases/g5a/
3. "US Consumer Price Index"
   https://web.archive.org/web/20171201032142/https://innovative-trading.tk/bitcoin
4. www.ft.com
   https://www.ft.com/content/89b560ec-212c-4e82-b52e-c3e1408a9e6b
5. The New York Observer
   https://observer.com/2010/03/howie-hubler-of-new-jersey-the-return-of-a-subprime-villain/
6. JPMorgan's 'London Whale' Loss Rises to $3 Billion as Lawsuits Fly, Time
   https://business.time.com/2012/05/17/jpmorgans-london-whale-loss-rises-to-3-billion-as-lawsuits-fly/
7. The Wall Street Journal
   https://www.wsj.com/articles/chinese-nickel-giant-tsingshan-faces-8-billion-trading-loss-as-ukraine-war-upends-market-11646765353/
8. The New York Times
   https://www.nytimes.com/2008/01/25/business/worldbusiness/25trader.html
9. Brian Hunter, Amaranth, hedge funds, Bloomberg Businessweek, "A Rogues' Gallery of Traders", September 16, 2011. Retriev
   https://web.archive.org/web/20110924015009/http://images.businessweek.com/slideshows/20110915/a-rogues-gallery-of-traders#slide4;
10. FAILED WIZARDS OF WALL STREET, BusinessWeek, 1998-09-21. Retrieved 2008-03-21
    http://www.businessweek.com/1998/38/b3596001.htm
11. "Pensioenfonds Zorg en Welzijn na miljardenverlies uit olietermijnmarkt", Het Financieele Dagblad, November 17, 2020.
    https://fd.nl/beurs/1364042/pensioenfonds-zorg-en-welzijn-na-miljardenverlies-uit-olietermijnmarkt
12. Financial Times
    https://www.ft.com/content/fa74a7c6-bcb0-469e-8b76-c5dfc04b9564
13. "Bill Ackman Lost $7.7 Million Per Day on Valeant Stock, 2017-03-15. Retrieved 2018-02-11"
    https://web.archive.org/web/20180213195148/http://fortune.com/2017/03/15/valeant-stock-bill-ackman;/
14. Rogue copper trader draws eight-year prison term Archived 2009-01-10 at the Wayback Machine, Japan Times, 1998-03-26. Re
    http://search.japantimes.co.jp/cgi-bin/nn19980326a3.html;
15. Vestia claims, Time
    https://www.ft.com/content/66713ccc-408d-4622-94ca-12fc2e8381d6
16. "Brazil Stocks Tumble After Aracruz, Sadia Post Currency Losses"
    https://www.bloomberg.com/apps/news?pid=20601086&sid=ayGY1X.jd0Ys&refer=latin_america
17. "Aracruz Fails to Settle $2.13 Billion Derivative Loss (Update6)"
    https://www.bloomberg.com/apps/news?pid=20601086&refer=news&sid=aJhV3F8CUYtc
18. Time
    https://content.time.com/time/business/article/0,8599,1859380,00.html
19. The Effect of the Orange County Bankruptcy on Residential Real Estate Prices[permanent dead link], Thomas A. Evans, Chic
    http://faculty.chicagogsb.edu/thomas.evans/documents/bankruptcy.pdf
20. Time
    https://web.archive.org/web/20070514190849/http://www.time.com/time/magazine/article/0,9171,982029,00.html
21. The New York Times
    https://www.nytimes.com/1996/04/05/business/metallgesellschaft-reports-talks-with-ex-chief-fail.html
22. "International Harald Tribune, August 10, 2007"
    http://www.iht.com/articles/2007/08/10/business/wbspot11.php
23. "Showa Shell Sekiyu K.K."
    http://www.fundinguniverse.com/company-histories/Showa-Shell-Sekiyu-KK-Company-History.html
24. The Economist
25. "INTERNATIONAL BUSINESS; Soros's Quantum Fund Losses in Russia Put at $2 Billion"
    https://www.nytimes.com/1998/08/27/business/international-business-soros-s-quantum-fund-losses-in-russia-put-at-2-billion.html
26. CNN Money
    https://money.cnn.com/1998/10/08/markets/tiger/
27. Business Insider
    http://www.businessinsider.com/kweku-adoboli-ubs-2011-9
28. Reuters
    https://www.reuters.com/article/forexNews/idUSTRE49J5NI20081020
29. Rogue Trader: How I Brought Down Barings Bank and Shook the Financial World by Nick Leeson and Edward Whitley (Hardcover
30. How Gref and Tokarev downshifted Russia Moscow Post, February 12, 2016.
    http://www.moscow-post.com/economics/kak_gref_i_tokarev_sdelali_iz_rossii_daunshiftera20193/
31. www.transneft.ru
    https://www.transneft.ru/u/section_file/14832/tn_ifrs_2014_eng.pdf
32. www.transneft.ru
    https://www.transneft.ru/u/section_file/20452/tn_ifrs_9m2015_eng.pdf
33. Ведомости
    https://www.vedomosti.ru/business/articles/2015/04/09/chistaya-pribil-transnefti-upala-v-27-raza-iz-za-finansovih-rashodov/
34. WSJ
    https://www.wsj.com/articles/SB123387976335254731?mod=googlenews_wsj
35. Carl Icahn Exits Bankrupt Hertz at Loss of Almost $1.6 Billion Bloomberg
    https://www.bloomberg.com/news/articles/2020-05-27/icahn-files-13d-a-on-hertz
36. (in Japanese) 消えた年金、回収率6% AIJ元社長に実刑判決 The Nikkei. December 19, 2013.
    https://www.nikkei.com/article/DGXNASGC1801T_Y3A211C1EE8000/
37. The trading that generated losses ended in 2000 but the losses were not uncovered until 2006. The USD equivalent shown h
38. New York Times
    https://www.nytimes.com/2007/07/13/business/worldbusiness/13iht-bawag.4.6652290.html
39. An Unusual Path to Big-Time Trading, New York Times, September 27, 1995. Retrieved 2008-01-24
    https://query.nytimes.com/gst/fullpage.html?res=990CE7D7173DF934A1575AC0A963958260
40. Martin Schwartz, Paul Flint, Dave Morine, Pit Bull: Lessons from Wall Street's Champion Day Trader Archived 2012-11-08 a
    https://www.scribd.com/doc/7123190/Martin-Schwartz-Pit-Bull
41. Caisse d'Epargne chairman resigns after trading loss, Reuters, October 19, 2008
    https://www.reuters.com/article/businessNews/idUSTRE49I2P520081019
42. "France nabs trader over Caisse d'Epargne losses"
    https://web.archive.org/web/20171206153423/http://www.politicalscandalnews.com/article/France%20nabs%20trader%20over%20Caisse%20d%27Epargne%20losses/?k=j83s12y12h94s27k02
43. "Perdigão Acquires Sadia"
    http://www.thepoultrysite.com/poultrynews/17779/perdigo-acquires-sadia
44. Reuters
    https://www.reuters.com/article/us-montepaschi-derivatives-board-idUSBRE91509Y20130206
45. Money.it
    https://www.money.it/MPS-Alexandria-Santorini-e-Nota
46. Saudi National Bank loses over $1 billion on Credit Suisse investment, March 20, 2023. Natasha Turak. CNBC.
    https://www.cnbc.com/2023/03/20/saudi-national-bank-loses-over-1-billion-on-credit-suisse-investment.html
47. Morgan Grenfell case study at ERisk.com Archived 2006-03-18 at archive.today
    http://www.erisk.com/Learning/CaseStudies/MorganGrenfell.asp
48. "Sad episodes of Global securitisation: The Hall of Shame"
    https://web.archive.org/web/20080509094436/http://www.vinodkothari.com/sadepisodes.htm#askin
49. Pressure mounts on WestLB to merge after reporting big trading losses, International Herald Tribune, August 30, 2007
    http://www.iht.com/articles/2007/08/30/business/gbank.php
50. WestLB ousts top traders after losses, Times Online, April 5, 2007
    https://web.archive.org/web/20110612121410/http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article1617724.ece
51. Allied Irish Banks case study at ERisk.com Archived 2006-11-15 at the Wayback Machine
    http://www.erisk.com/Learning/CaseStudies/AIBCaseStudy.pdf
52. A Financial History of the United States, Volume 1
53. Chicago Fed Letter
    http://www.chicagofed.org/digital_assets/publications/chicago_fed_letter/2009/cflnovember2009_268a.pdf
54. Teachers’ Pension Lost $774M in Allianz Volatility Funds: Lawsuit Institutional Investor. July 21, 2020.
    https://www.institutionalinvestor.com/article/b1mlj29jx9wjsy/Teachers-Pension-Lost-774M-in-Allianz-Volatility-Funds-Lawsuit
55. Bloomberg.com
    https://www.bloomberg.com/news/articles/2019-01-27/chinese-oil-trader-s-688-million-loss-drags-down-sinopec-profit
56. Financial Times
    https://www.ft.com/content/e33d9596-20b1-11e9-b126-46fc3ad87c65
57. Batnick, Michael (2018) Big Mistakes: The Best Investors and Their Worst Investments
58. Toronto Star
    https://www.thestar.com/
59. www.bloomberg.com
    https://www.bloomberg.com/apps/news?pid=20601087&sid=azkH8pjzMNUY&refer=bondheads
60. "U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 20811"
    https://www.sec.gov/litigation/litreleases/2008/lr20811.htm
61. Former bank natgas trader gets $500,000 fine-CFTC Reuters, 6-November-2009
    https://www.reuters.com/article/governmentFilingsNews/idUSN0618180320091106
62. "Jail term for China Aviation boss", BBC News, 21 March 2006
    http://news.bbc.co.uk/1/hi/business/4827750.stm
63. "Cosco shares fall after $577 million derivative loss", MarketWatch, December 16, 2008
    https://www.marketwatch.com/story/cosco-shares-fall-after-577-million-derivative-loss
64. The Fall of the UBS: The Reasons Behind the Decline of the Union Bank of Switzerland by Dirk Schutz, ISBN 0-944188-20-6
    https://www.amazon.com/dp/0944188206
65. Teachers pension fund loses $525M on Panda Power deal. Dayton Daily News. March 27, 2021.
    https://www.daytondailynews.com/local/teachers-pension-fund-loses-525m-on-panda-power-deal/C4ZMA4GUWVHIZH6QV4NJGGC6UI/
66. Bloomberg.com
    https://www.bloomberg.com/news/articles/2023-05-18/edf-power-traders-lost-shocking-480-million-as-energy-surged
67. Anatomy of a Staggering Loss, New York Times, 1987-05-11, Retrieved 2008-01-24
    https://query.nytimes.com/gst/fullpage.html?res=9B0DE7D71F3EF932A25756C0A961948260&sec=&spon=&pagewanted=all
68. Treasurer of West Virginia Retires Over Fund's Losses, New York Times, July 10, 1989. Retrieved 2008-03-22
    https://query.nytimes.com/gst/fullpage.html?res=950DE1D7133DF933A25754C0A96F948260&sec=&spon=&pagewanted=all
69. In the Matter of Orlando Joseph Jett, U.S. Securities and Exchange Commission, March 5, 2004
    https://www.sec.gov/litigation/opinions/33-8395.htm
70. The Bankruptcy Development That Has Wall St. Worried, New York Times, 2007-02-23. Retrieved 2008-01-24
    https://www.nytimes.com/2007/02/23/business/23insider.html
71. Banking: Watchdogs caught napping, Financial Times, 2007-10-29. Retrieved 2008-01-24
    https://www.ft.com/content/9b823f0e-8397-11dc-a0a6-0000779fd2ac
72. Ackman gives up on Netflix, taking $400 million loss as shares tumble, April 21, 2022, CNN
    https://edition.cnn.com/2022/04/21/investing/bill-ackman-sells-netflix-stock/index.html
73. Calyon Trader Fired for Losses Says He's No Rogue, Bloomberg, 2007-10-10. Retrieved 2009-06-01
    https://www.bloomberg.com/apps/news?pid=20601087&sid=aNS9FsnCwYco&
74. Mitsubishi's Singapore unit loses $441m on unauthorised crude oil trading, Straits Times 2019-09-20. Retrieved 2019-09-2
    https://www.straitstimes.com/business/companies-markets/mitsubishis-singapore-unit-loses-441m-on-unauthorised-crude-oil-trading
75. 当社海外連結子会社での損失発生について Mitsubishi Corp. 2019-09-20. Retrieved 2019-09-20
    https://www.mitsubishicorp.com/jp/ja/pr/archive/2019/html/0000038363.html
76. "Losses from Overseas Subsidiary's Crude Oil Trading"
    https://www.mitsubishicorp.com/jp/en/pr/archive/2019/html/0000038364.html
77. www.straitstimes.com
    https://www.straitstimes.com/business/companies-markets/oil-trader-in-singapore-fired-by-mitsubishi-for-losing-441m-denies-making
78. Former NAB trader pleads guilty, The Age, 2005-06-14. Retrieved 2013-03-16
    http://www.theage.com.au/news/Business/Former-NAB-trader-pleads-guilty/2005/06/14/1118645792067.html
79. Australian Broadcasting Corporation
    http://www.abc.net.au/worldtoday/content/2006/s1678388.htm
80. Nikkei Inc. (1997) 銅マフィアの影 ドキュメント・住商事件 (A Trap of the Cooper-Fingers: Sumitomo Corp. Scandal); 世界の主な金融・商品取引の失敗例(金額順) ISB
81. "Rogue Trading at Lloyds Bank International, 1974: Operational Risk in Volatile Markets By Catherine Schenk 2017"
    https://www.cambridge.org/core/services/aop-cambridge-core/content/view/B388E4B810694C8D5A2083A275FA89D1/S0007680517000381a.pdf/div-class-title-rogue-trading-at-lloyds-bank-international-1974-operational-risk-in-volatile-markets-div.pdf
82. B.C. man sues RBC after earning then losing $415M on Tesla stocks
    https://www.cbc.ca/news/canada/british-columbia/man-sues-over-tesla-stocks-1.7343048
83. "Dexia sink $374.49 (€300)m in bond fraud: a mere drop in the ocean"
    https://archive.today/20120708203548/http://alzahr.blogspot.com/2007/05/dexia-sink-300m-in-bond-fraud-mere-drop.html
84. Bloomberg.com
    https://www.bloomberg.com/news/articles/2018-12-18/natixis-suffers-114-million-revenue-hit-from-asia-trading-hedge
85. www.institutionalinvestor.com
    https://www.institutionalinvestor.com/article/b1kybv2q967pz2/A-Hedge-Fund-CEO-Bragged-About-Not-Taking-Management-Fees-He-Was-Right-Sort-of
86. www.forbes.com
    https://www.forbes.com/sites/steveschaefer/2015/01/16/swiss-bank-stunner-claims-victims-currency-broker-fxcm-bludgeoned/#621c5b9b6de0
87. Futures (Cedar Falls, Iowa)
    http://www.allbusiness.com/personal-finance/investing-trading-futures/436725-1.html
88. focus.de
    http://www.focus.de/finanzen/boerse/bank-irrtum-zu-seinen-gunsten-dieser-mann-hatte-ploetzlich-163-millionen-euro-auf-dem-konto_id_5569376.html
89. "Allied-Lyons Reports Big Loss on Currency", New York Times, March 20, 1991
90. Raytheon Technologies Joins Crowd of Investors Suing Allianz. Institutional Investor. April 13, 2021.
    https://www.institutionalinvestor.com/article/b1rd5q91rvjdgj/Raytheon-Technologies-Joins-Crowd-of-Investors-Suing-Allianz
91. 法令違反の疑いも浮上する 名門・南山学園の資産運用の闇 (in Japanese) Weekly Diamond; Diamond Inc.; February 21, 2013.
    https://diamond.jp/articles/-/32309
92. Procter & Gamble's Tale of Derivatives Woe, International Herald Tribune, 1994-04-14. Retrieved 2008-01-24
    http://www.iht.com/articles/1994/04/14/procter.php
93. New York Magazine
    https://books.google.com/books?id=yOYCAAAAMBAJ&q=united+california+bank+swiss+erdman&pg=PA24
94. City gripped by mystery of the phantom copper dealer, The Times, 2005-11-15. Retrieved 2008-01-24
    https://web.archive.org/web/20110612121125/http://business.timesonline.co.uk/tol/business/markets/china/article590311.ece
95. Copper bottom, The Observer, November 20, 2005
    https://www.theguardian.com/business/2005/nov/20/china.theobserver
96. "Chinese Estates to post US$190 million loss as disposal of China Evergrande shares weighs heavily on bottom line", Cher
    https://www.scmp.com/business/article/3162611/chinese-estates-post-us190-million-loss-disposal-china-evergrande-shares
97. SFO probes NatWest black hole, Daily Telegraph, 1997-06-27. Retrieved 2008-01-24
    https://web.archive.org/web/20020511133909/http://www.telegraph.co.uk/htmlContent.jhtml?html=%2Farchive%2F1997%2F06%2F27%2Fcsfo27.html
98. The New York Times
    https://www.nytimes.com/1974/05/14/archives/franklin-national-bank-dismisses-its-president-executive-vice.html
99. Significant Losses Stemming from the Termination of Its SAFE Investment Program Erode County's Previously Substantial Fi
    http://findarticles.com/p/articles/mi_m0EIN/is_1995_Jan_5/ai_15998493
100. 駒澤大学、運用損失でBNPパリバなどに約170億円を賠償請求 (in Japanese) J-Cast News; February 21, 2012.
     https://www.j-cast.com/2012/05/28133565.html
101. This hedge fund manager lost an estimated $150 million, so he went on YouTube to say sorry Josh Katzowitz. Daily Dot.
     https://www.dailydot.com/upstream/hedge-fund-manager-youtube-apology/
102. After Berkshire Hathaway, Softbank exits Paytm at loss of around $150 million
     https://www.financialexpress.com/market/after-berkshire-hathaway-softbank-exits-paytm-at-loss-of-around-150-million-3552765/
103. Rogue Wheat Trader Blamed for $141 Million Loss, New York Times, 2006-02-28. Retrieved 2008-03-03
     https://www.nytimes.com/2008/02/28/business/apee-wheat.html?_r=1&ref=business&oref=slogin
104. Levy, Rachael; Hoffman, Liz (2019) "SoftBank Founder Masayoshi Son Lost $130 Million on Bitcoin" Wall Street Journal
105. The Wall Street Journal
106. Financial Times
     https://www.ft.com/content/43c74e02-b749-11e8-bbc3-ccd7de085ffe
107. Croat trader puts bank in $109.87 (£70)m crisis, Daily Telegraph, 2003-03-24. Retrieved 2008-01-24
     https://web.archive.org/web/20080128073131/http://www.telegraph.co.uk/news/main.jhtml?xml=%2Fnews%2F2002%2F03%2F24%2Fwtrade24.xml
108. China Evergrande Group, David Webb.
     https://webb-site.com/dbpub/articles.asp?p=44714
109. Warren Buffett's Berkshire Hathaway exits Paytm at a 40% loss TechCrunch
     https://techcrunch.com/2023/11/24/warren-buffett-berkshire-hathaway-exits-paytm-at-a-40-loss/