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Swiftly Slashing SWIFT: Hacking World's Most Sophisticated Payment Network
The backbone of international finance is the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network. International...
Dhruv Gulati
Apr 19, 20243 min read
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Enron: A Fall from Grace - A Story of Greed, Deception, and Reform
Enron's story is a serpentine tale, weaving together threads of ambition, innovation, and ultimately, devastating greed. Once lauded as...
Dhruv Gulati
Apr 18, 20243 min read
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The Black Swan Bites: A tale of low frequency high risk events..
Victor Niederhoffer, a well-regarded person in the financial world, found himself at the centre of a cautionary tale in 1997. His hedge...
Dhruv Gulati
Apr 5, 20243 min read
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The London Whale: A Case Study of Risk Gone Wrong
The London Whale trade debacle at JPMorgan Chase in 2012 stands as a stark reminder of the dangers of unchecked risk-taking in financial...
Dhruv Gulati
Apr 2, 20243 min read
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Penny Wise, Storm Foolish: A Deeper Dive into LTCM's Fall and Model Risk
Imagine a world-class chess player facing off against a machine programmed for normal moves. Easy win, right? But what if the machine...
Dhruv Gulati
Mar 18, 20244 min read
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The Rogue Trader: The man behind bankruptcy of 200 year old bank
In the fast-paced world of finance, financial gains are frequently hailed as a sign of success. However, the tale of Barings Bank, a...
Dhruv Gulati
Mar 11, 20243 min read
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The Great Fall of Continental Illinois: A Story of Risky Loans and Disappearing Money
The financial world is a complex ecosystem, and sometimes, even the biggest players can stumble. The story of Continental Illinois...
Dhruv Gulati
Mar 3, 20243 min read
58 views
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