2 - Wrapped in Bonds

[Cut to Jakarta skyline]

Nick [narrating]: Indonesia was one of the new so-called tiger economies in the Far East that everyone was getting so excited about. "Emerging markets" they were calling them. And Barings was one of the first to see their potential. The rewards were high but so were the risks.

[Cut to bank vault where Nick is standing with a guard and an assistant]

Nick: 100 million pounds in bearer bonds. As good as cash. We could pick 'em up, walk right out, come to some arrangement with laughing boy here…

Susi: The customers refuse to pay for them. They say the amount on the certificates doesn’t match the original deal. Real reason - the market goes down, they don’t want anymore. It's a mess.

Nick: You're absolutely 100% right Susi. It's one hell of a fucking mess [sighs]

[Cut to hotel]

Man on TV: By 10 o'clock Sunday morning, Ripper had rolled some 20 mules [fades]

Nick [narrating]: It was my job to sort out all the certificates so the customers wouldn't have anymore excuses not to pay. Until then Barings was sitting on this bloody great hole in their balance sheet. It was boring work, but I knew if I made a success of it, then I could write my own ticket.

[Cut to Nick in the office of a customer giving them the sorted bonds]

Nick: All the certificates are in the right denomination. I've sorted out all the documentation. That's all in order now. So, uh, all I need from you is a cheque

[Cut to Nick walking through Jakarta looking very pleased. Cut to bank vault, Nick sits at a table pouring over bonds and a laptop computer. Lisa walks up to vault doors]

Lisa: Hello, I'm Lisa

Nick: I'm, uh, Nick Leeson. Can I help you ?

Lisa: Barings sent me in to help with the settlements. Didn't they tell you ?

Nick: Oh of course. I've been on them for so long, I never thought they'd get around to it.

Lisa: So, what are we gonna do with that lot then ? Build a bonfire ? [both laugh]

[Cut to outdoor market-style restaurant where Nick and Lisa are eating]

Nick: I'd never even heard of Barings before I started working for them. It's not like there's a Barings bank in Watford.

Lisa: Well, you're a big hero back in London. They think the sun shines out your arse.

Nick: Really ? I was beginning to feel like one of those Japanese soldiers, you know, still stuck out in the jungle 20 years after the war.

Lisa: (chuckles) What’s it like here ? They tell me it's not safe to go out at night.

Nick: That's bollocks. The locals are great. The best thing about this place is it's not still full of pompous ex-colonials who think they were born to rule the world. That's what I love about Asia. I mean anyone can make it. It doesn’t matter which stupid school you went to.

Lisa: When they told me I was going to Jakarta, I had to look it up on a map.

Nick: As a matter of fact so did I ! [Lisa smiles]

[Cut to hotel corridor]

Nick: What I really want to be is a trader. Barings don’t let me on the floor after this, then I'm off. I'm not gonna be bloody clerking all my life.

Lisa: Ooh. Ambitious aren't we ?

Nick: Is that bad ?

Lisa: It's great !

Nick: I just want to get on in life. I like to enjoy myself. Don't get me wrong. Work hard, play hard.

Lisa: Well I think this is me. [as they reach Lisa's room door they both go silent] Well 'night Nick. That was fun.

Nick: Yeah it was, wasn't it !

Lisa: Okay, good night.

Nick: See you tomorrow then.

[Cut from Nick smiling to back in bank vault]

Nick: [narrating] Lisa was a stunner all right. Love at first sight. Together we made short work of the rest of those bonds. Pretty soon we cleared out most of Barings' losses and it was time to go home.

[speaking] See you later Lisa.

Lisa: Bye.

[Cut to Nick laughing and falling backwards onto a large bed covered in bonds. Camera pulls back to show Lisa in underwear crawling over onto Nick. They kiss and screen fades out]