Rogue Trader Review

The fall of Baring`s Merchant Bank was headline news around the world in 1995 - it was the work of one man, Nick Leeson ... Rogue Trader is his story. The film begins in a bar with a scene that doesn`t seem to have any relationship to anything following - Nick Leeson - Ewan McGregor - tries to stop a mate making a fool of himself over a girl and gets a barstool swipe across the nose for thanks. Via a voice-over we learn that because of Margaret Thatcher, London is now open territory for working class boys - Nick is one of them.... he doesn`t seem to do a very long apprenticeship before he`s put in charge of floor trading in futures for Barings at the Singapore International Money Exchange - SIMEX. And there, according to him, he`s caught up in bears and bulls beyond his power....This is such a lazy film..... the fact that Nick Leeson was able to lose in the end about 800 million pounds of Baring`s money - enough to bring the bank down - seems to rest on the fact that he had to deal with amateur traders in Singapore and old-school boys in England. It is a singularly unenlightening experience. The fact that this rampant greed is such a factor of life today is unexplored, the more personal experience of why a working class boy from Watford came to be in this position is overlooked. Should we view this film with suspicion because it`s based on Leeson`s ghost-written autobiography? It might be a good idea. It`s such an interesting story, it`s so uninteresting in the treatment it gets from writer/director James Deardon. It`s a boring, cynical film and deserves to go totally unnoticed except for Ewan McGregor`s performance which achieves charisma beyond its subject matter.David`s comments:I couldn`t get very interested in this film. High finance and futures exchanges are a deep dark secret for me, and if the people at Barings were so silly as to let a fast-talking hoon like Nick Leeson bankrupt them, well they deserved it. There`s no suspense, because we know the outcome, and Ewan McGregor gives a one-dimensional performance, while Anna Friel has a thankless role as his doormat wife. Looks like a telemovie.

Share
3 min read

Published

Source: SBS

Share this with family and friends


Download our apps
SBS On Demand
SBS News
SBS Audio

Listen to our podcasts
SBS's award winning companion podcast.
Join host Yumi Stynes for Seen, a new SBS podcast about cultural creatives who have risen to excellence despite a role-model vacuum.
Get the latest with our SBS podcasts on your favourite podcast apps.

Watch SBS On Demand
Over 11,000 hours

Over 11,000 hours

News, drama, documentaries, SBS Originals and more - for free.