2008 Société Générale trading loss 2008 Société Générale trading loss In January 2008, the bank Société Générale lost approximately €4.9 billion closing out positions over three days of trading beginning January 21, 2008, a period in which the market was experiencing a large drop in equity indices. The bank states these positions were fraudulent transactions created by Jérôme Kerviel, a trader with the company. The police stated they lacked evidence to charge him with fraud and charged him with breach of trust and illegally accessing computers. Kerviel states his actions were known to his superiors and that the losses were caused by panic selling by
Trading Futures Trading Futures Trading Futures is a BBC Books original novel written by Lance Parkin and based on the long-running British science fiction television series "Doctor Who". It features the Eighth Doctor, Fitz and Anji. One of the enemies in the book are the Onihr, a large rhinoceros-like species, notable due to their similarity to the Judoon. The cover and elements of the story are spoofs of the James Bond movies. The novel features a Bond-like character named Jonah Cosgrove, described by the author thus: “Cosgrove is (and I mean ‘is’ here in the very precise, non-trademark violating, sense of the