30.2 Big losses by Financial Institutions Alied Irish Bank($700 million) Barings($1 billion) Chemical Bank($33 million) Daiwa($1 billion) Kidder Peabody($350 million) LTCM ($4 billion Midland Bank($500 million) National Bank($130 million) Sumitomo($2 billion) Options, Futures, and other Derivatives, 5th edition 2002 by John C. HullOptions, Futures, and Other Derivatives, 5th edition © 2002 by John C. Hull 30.2 Big Losses by Financial Institutions • Allied Irish Bank ($700 million) • Barings ($1 billion) • Chemical Bank ($33 million) • Daiwa ($1 billion) • Kidder Peabody ($350 million) • LTCM ($4 billion) • Midland Bank ($500 million) • National Bank ($130 million) • Sumitomo ($2 billion)