Today in History - December 2 | Justice catches up with 'Rogue trader' who sent bank broke
December 2
A financial whiz-kid whose losses on global markets toppled one of Britain's oldest merchant banks was jailed on December 2, 1995.
While working at the Singapore office of Barings Bank, Nick Leeson, 28, made fraudulent, unauthorised and increasingly reckless trades. His high-risk strategy culminated in a $US1.3 billion ($2 billion) investment on bond derivatives that sent Barings broke.
The financial institution had been founded in 1762, and among its respected clients were the British royal family.
December 2
Fourteen staffers at a public health department in California were gunned down by their co-worker and his wife on December 2, 2015.
Tashfeen Malik and Syed Farook had become radicalised online before the mass shooting in the city of San Bernardino.
After the mass shooting at the department's Christmas Party, the pair fled before being killed by police in a shootout.
The pair had no known connection with any terror groups, but were considered by the FBI to be "homegrown violent extremists".
Police later said they considered the Christmas Party itself to be a triggering event for the pair.
Malik strongly believed her husband should not be forced to participate in a non-Muslim holiday.
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