To put the huge trading loss of $2.3 billion in some sort of perspective, this sum of money would be enough to pay a year’s salary for nearly 70,000 new nurses or two Wembleys or perhaps even six new hospitals.
I have now left the office for the sake of discretion. I will need to come back in to discuss the positions and explain face to face, but for reasons that are obvious, I did not think it wise to stay on the desk this afternoon. …
I take responsibility for my actions and the shit storm that will now ensue. I am deeply sorry to have left this mess for everyone and to have put my bank and my colleagues at risk.