Tag Archives for " Greenpeace currency loss "

Greenpeace Lost Big On Currency Betting

Greenpeace lost USD5.1/GBP3/EUR3.8m through betting on currency by an employee who meant well, honest. The environmental group, based in Amsterdam, revealed on Monday 7 July that the “very senior” employee had exceeded his authority when he bet that the euro wouldn’t strengthen against other currencies in 2013, but it did, despite the currency’s woes. Jeremy […]