The chain of events which led to the collapse of Barings, Britain's oldest merchant bank, is a demonstration of how not to manage a derivatives operation.
Barings, Britain's oldest merchant bank, has three former employees who climbed Mount Everest.
( z1 have :ARG0 ( z2 bank :name ( z3 name :op "Barings" ) :ARG1-of ( z4 have-degree :ARG2 ( z5 old ) :ARG3 ( z6 most ) :ARG5 ( z7 bank :mod ( z8 country :name ( z9 name :op "Britain" ) ) :mod ( z10 merchant ) ) ) ) :ARG1 ( z11 person :quant 3 :ARG1-of ( z12 employ :ARG0 z2 :time ( z13 former ) ) :ARG0-of ( z14 climb :ARG1 ( z15 mountain :name ( z16 name :op "Mount" :op "Everest" ) ) ) ) )