Nick Leeson told everyone he was doing pure arbitrage: in his case between futures contracts on the Nikkei (the Japanese stock market index) and the Nikkei itself.

FORBES: Kweku Adoboli: How Did He Lose UBS $2 Billion?

Chairman Howard Wilkinson told supporters earlier this week that he and chief executive Nick Parker were working closely with the club's bankers, The Co-operative Bank, to deliver a long-term investment deal.

BBC: Sheffield Wednesday served with second winding-up order

Tory business spokesman Nick Ramsay said he accepts that help was offered but told BBC Radio Wales it came too late in the day.

BBC: South East Wales