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Societe Generale - Politics, Business, Civil, History - Posted: 31st Jan, 2008 - 11:07am
Posts: 5 - Views: 656
French BankPost Date: 24th Jan, 2008 - 7:44pm / Post ID: #
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Societe Generale
Societe Generale
Rogue trader to cost SocGen $7bn
French bank Societe Generale has lost $10bn, the bulk of which was lost through fraud by a trader.
Ref. https://news.bbc.co.uk/1/hi/business/7206270.stm
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Post Date: 26th Jan, 2008 - 12:45pm / Post ID: #
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Generale Societe
Police search rogue trader's flat
French police search the flat of Jerome Kerviel, the man said to be the rogue trader who lost 4.9bn euros.
Ref. https://news.bbc.co.uk/1/hi/business/7210293.stm
Societe Generale History & Civil Business Politics
How does one 'spend' that kind of money unchecked? Is that even recoverable? Jerome Kerviel must be sweating blood right now.
| QUOTE (BBC) |
| Jerome Kerviel, the trader accused of losing 4.9bn euros at French bank Societe Generale, is in police custody, French judicial sources say. |
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Post Date: 30th Jan, 2008 - 4:08am / Post ID: #
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Generale Societe
French bank 'had trader warning'
Societe Generale was warned about alleged rogue trader Jerome Kerviel last year, a prosecutor says.
Ref. https://news.bbc.co.uk/1/hi/business/7214716.stm
Post Date: 31st Jan, 2008 - 11:07am / Post ID: #
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Generale Societe
Rogue trader began year in profit
The French trader that incurred massive losses for Societe Generale was in profit at the start of 2008.
Ref. https://news.bbc.co.uk/1/hi/business/7218380.stm
TOPIC: Societe Generale