9 Ordinary Market Professionals and Their 15 Minutes Of 'Fame'

Wow

Here's a list of 9 financial markets professionals who became national news.

1. Dennis Levine

A Managing Director at Drexel Burnham Lambert who in 1986 pleaded guilty to securities fraud, tax evasion and perjury related to insider trading. Levine's testimony eventually led to the convictions of Ivan Boesky, Michael Milken and Marty Siegel.

2. Nick Leeson

Hit the headlines as the man who accrued losses of $1.4bn while working for Barings in Singapore in 1994. The losses led to the demise of the firm, which was purchsed by ING for £1.

3. Lucy Gao

The Citigroup intern who, in 2006, saw her birthday invite to her work colleagues and friends go viral.

4. Jerome Kerviel

The SocGen trader who, in 2008, hit the headlines after losing $6.3bn in unauthorized trading. He was subsequently found guilty of abuse of confidence and illegal access to computers, and a Paris court confirmed his 3 year jail term last month. It is understood he will appeal the verdict.

5 and 6. Ralph Cioffi and Matthew Tannin

The two former Bear Stearns hedge fund managers who were found not guilty on all charges in 2009 in the first major criminal trial stemming from the U.S. housing and financial meltdown.

Federal prosecutors had accused Cioffi and Tannin of falsely inflating the value of their portfolios, even as they knew that the mortgage-backed assets in the funds were at risk of collapse.

7. Fabrice Tourre

The Goldman Sachs salesperson who will go on trial in July 2013, accused of misleading investors in a collateralized debt obligation. The SEC sued Goldman Sachs and Tourre in April 2010. The New York-based investment bank agreed in July 2010 to pay $550m to settle the allegations against it.

8. Kweku Adoboli

The UBS trader who in 2011 lost $2.3bn in unauthorised trading. He is currently on trial in London for fraud.

9. Greg Smith

The junior Goldman Sachs salesperson who resigned from the firm via an OpE in The New York Times in March 2012

Register for Financial Markets News Alerts