GO AHEAD, INDICT ME

Nicholas Leeson, whose speculating brought down Baring Bros. & Co., hopes British authorities will indict him so that he will not be extradited to Singapore, where he was working when he executed the trades. Leeson is being held in a German prison. His lawyer said he might give British authorities information that would lead to an arrest warrant for his client. University of Pennsylvania law professor Welsh White told TIME Daily that although he has never heard of a defense attorney seeking an indictment of his client, he understands why Kempf is doing so, since the British justice system is not as harsh as Singapore's.