{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='WRAP: Adds Forbes editor + Runsak\u0026#39;s home' data-url='/boclips/videos/5c54bf95d8eafeecae144437' data-video-url='/boclips/videos/5c54bf95d8eafeecae144437' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nWRAP: Adds Forbes editor + Runsak\u0026#39;s home\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eBaltimore, Maryland - 6 Feb 20021. Exterior shots of Allfirst Bank, subsidiary of Allied Irish Banks2. Wide shot of news conference3. Cutaway of news conference4. SOUNDBITE: (English) Susan Keating, CEO Allfirst Bank\"He is an employee,...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eBaltimore, Maryland - 6 Feb 2002\u003cbr/\u003e1. Exterior shots of Allfirst Bank, subsidiary of Allied Irish Banks\u003cbr/\u003e2. Wide shot of news conference\u003cbr/\u003e3. Cutaway of news conference\u003cbr/\u003e4. SOUNDBITE: (English) Susan Keating, CEO Allfirst Bank\u003cbr/\u003e\"He is an employee, and up until Monday he was an employee of good standing, and is someone who has performed well over the years that he has been with Allfirst -- and is considered an upstanding member in the community and a good family man.\"\u003cbr/\u003eBaltimore, Maryland - 6 Feb 2002\u003cbr/\u003e5. Shots of John Rusnak's house\u003cbr/\u003e6. Police car leaving Rusnak's house\u003cbr/\u003eBaltimore, Maryland - 6 Feb 2002\u003cbr/\u003e7. Exterior of John Rusnak's house and reporter walking up steps\u003cbr/\u003e8. Close shot of Rusnak's wife through front door\u003cbr/\u003eBaltimore, Maryland - 6 Feb 2002\u003cbr/\u003e9. Wide shot of news conference\u003cbr/\u003e10. SOUNDBITE: (English) Pat Ryan, Allied Irish Banks (AIB) Group Treasurer\u003cbr/\u003e\"Our capital base is very strong, and it is still very strong after this event. The capital base, in other words, was able to absorb what happened, and still leaves the bank very strong in capital ration in comparison with banks, so therefore in terms of anybody's concerns - the concerns are misplaced in that the soundness of the organisation isn't in question.\"\u003cbr/\u003e11. Cutaways of news conference\u003cbr/\u003e12. SOUNDBITE: (English) Frank Bramble, Chief Executive U-S Division Allied Irish Banks (AIB)\u003cbr/\u003e\"This is not Enron. This is not a case of a company taking anything from an employee. It is a case of an employee behaving in a fraudulent way and creating losses in a fraudulent way for the company, so there is no comparison between this situation and Enron.\"\u003cbr/\u003e13. Wide shot of presser\u003cbr/\u003eNew York, NY - 6 Feb 2002 \u003cbr/\u003e14. SOUNDBITE: Robert Lenzner/National Editor, Forbes Magazine\u003cbr/\u003e\"It's related to Enron in the sense that somebody was trying to make a fortune, they probably didn't know what they were doing exactly. This guy was making only 85-thousand dollars, so he's doing something. He doesn't really understand what he's doing and he endangers the security of a huge company and the jobs of a lot of other people. Very sad. Very sad event, but it does happen from time to time.\"\u003cbr/\u003eBaltimore, Maryland - 6 Feb 2002\u003cbr/\u003e15. Exterior shot of Allfirst Bank \u003cbr/\u003eIreland's largest company, Allied Irish Banks P-L-C, triggered an F-B-I manhunt on Wednesday and raised fears of an Enron-style auditing failure after accusing a missing American currency trader at one of its American affiliates of defrauding it of 750 million U-S dollars.\u003cbr/\u003eAllfirst chief executive officer Susan Keating identified the trader as John Rusnak of Baltimore. \u003cbr/\u003eThe revelation of fraud rekindled memories of Nick Leeson, the Singapore rogue trader who brought down Britain's Barings Bank and drove banks worldwide to tighten their internal checks and balances.\u003cbr/\u003eBut Allied Irish insisted the damage done at its U-S subsidiary, Allfirst Bank of Baltimore, Maryland, was made public as quickly as possible and wouldn't prove fatal.\u003cbr/\u003eRusnak was understood to be in his late-30s and earning a salary of 85-thousand dollars a year, a comparatively modest amount for a currency trader with his experience.\u003cbr/\u003eRusnak didn't appear for work on Monday after investigators questioned him by telephone over the weekend about dozens of purchases of foreign-currency options that proved to be forgeries.\u003cbr/\u003eAllied Irish said the scam involved phony purchasing records for options contracts, starting in early 2001 and with the final fraudulent trade recorded shortly after Christmas.\u003cbr/\u003eThere was no answer Wednesday at the home of Rusnak, who is married and the father of two children, and had worked at Allfirst for seven years.\u003cbr/\u003eThe announcement sent shares of Allied Irish tumbling on the world markets, but Allied Irish Banks Chief Executive Michael Buckley predicted that the bank would still report a profit of around 400 million euro (dlrs 350 million) for the year 2001.\u003cbr/\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more 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href=\"/search?keywords=problem+solving+activities\u0026amp;page=33\u0026amp;search_tab_id=1\u0026amp;subject_ids%5B%5D=1216220\"\u003eAll Subjects\u003c/a\u003e\u003c/span\u003e\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eMedia Type\u003c/dt\u003e\u003cdd\u003e\u003cspan\u003e\u003ca href=\"/search?keywords=problem+solving+activities\u0026amp;page=33\u0026amp;search_tab_id=2\u0026amp;type_ids%5B%5D=4543650\"\u003eNews Clips\u003c/a\u003e\u003c/span\u003e\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eSource:\u003c/dt\u003e\n\u003cdd\u003e\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eDate\u003c/dt\u003e\n\u003cdd\u003e2002\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003ci aria-hidden='true' class='fai fa-solid 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america\u003c/div\u003e\n\u003cdiv class='concepts-toggle-buttons' data-identifier='Boclips::VideoDecorator'\u003e\n\u003cbutton aria-expanded='false' class='more btn-link' type='button'\u003e\n\u003cspan\u003eShow More\u003c/span\u003e\n\u003ci aria-hidden='true' class='fa-solid fa-caret-down ml5'\u003e\u003c/i\u003e\n\u003c/button\u003e\n\u003cbutton aria-expanded='true' class='less btn-link' style='display: none;' type='button'\u003e\n\u003cspan\u003eShow Less\u003c/span\u003e\n\u003ci aria-hidden='true' class='fa-solid fa-caret-up ml5'\u003e\u003c/i\u003e\n\u003c/button\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='additional-tags-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' id='additional-tags-heading'\u003eAdditional Tags\u003c/h2\u003e\n\u003cdiv class='clearfix'\u003e\n\u003cdiv class='details-list keyterms' data-identifier='Boclips::VideoDecorator' data-type='keyterms'\u003ebank, event, situation, happen, comparison, united states, capital base, concerns, enron scandal, events, auditors, enron, employee, case, strong, fraudulent, company\u003c/div\u003e\n\u003cdiv class='keyterms-toggle-buttons' data-identifier='Boclips::VideoDecorator'\u003e\n\u003cbutton aria-expanded='false' class='more btn-link' type='button'\u003e\n\u003cspan\u003eShow More\u003c/span\u003e\n\u003ci aria-hidden='true' class='fa-solid fa-caret-down ml5'\u003e\u003c/i\u003e\n\u003c/button\u003e\n\u003cbutton aria-expanded='true' class='less btn-link' style='display: none;' type='button'\u003e\n\u003cspan\u003eShow Less\u003c/span\u003e\n\u003ci aria-hidden='true' class='fa-solid fa-caret-up ml5'\u003e\u003c/i\u003e\n\u003c/button\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='educator-ratings-heading' class='rp-info-section'\u003e\n\u003ch2 class='title sr-only' id='educator-ratings-heading'\u003eEducator Ratings\u003c/h2\u003e\n\u003cdiv 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