Nick Leeson was twenty-two years old when he was hired for the position at Baring Securities London(BSIL). BSLL was looking to fill a position settling trades completed in Japan Leeson, who had experience at Morgan Stanley settling futures and options in Japan, was a good replacement. He worked hard, kept to himself, and was known as someone anxious to learn and eager to please. He was subsequently selected as a member of a team of four people assigned to straighten out some back office problems in Jakarta