As a follow up to my post about spreadsheet risk and best practices have a look at this link from the European Spreadsheet Risk Interest Group (yes, I cannot believe such an organization exists either but they do.) The site…
My favourite fraud ever
My favourite financial fraud of all time has to the work of John M. Rusnak at Allfirst Bank, a sub of Allied Irish Bank, perpetrated in 2001. Following the events which cost this Irish bank tens of millions of losses,…