historical illustration
On This Day: The UK's oldest investment banking institute, Barings Bank, collapses after a... (1995)
Source: Today in History (history.muffinlabs.com) - CC BY-SA 3.056 words
On February 26, 1995: The UK's oldest investment banking institute, Barings Bank, collapses after a rogue securities broker Nick Leeson loses $1.4 billion by speculating on the Singapore International Monetary Exchange using futures contracts.
This historical event can serve as a powerful sermon illustration about godly leadership and its impact. Consider using it when preaching about leadership.
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