2008 Société Générale trading loss positions built up by Kerviel. This has led to speculation that stock market turbulence caused the Federal Reserve Board to cut the rate. A Federal Reserve spokesperson denied the central bank knew of Société Générale's situation when it made its decision. It is estimated that over the period the total trading in futures and the cash market for the Euro Stoxx 50 was €544 billion. This would make the unwinding of Kerviel’s position account for five per cent or less of overall activity. Société Générale's investment banking chief, Jean Pierre Mustier, acknowledged that the three days of forced selling played
The Exonerated The Exonerated The Exonerated is a made-for-cable television film that dramatizes the true stories of six people who have been wrongfully convicted of murder and other offenses, placed on death row, and later exonerated and freed after serving varying years in prison. It was based on a successful stage play of the same name written by Erik Jensen and Jessica Blank and first aired on the former CourtTV cable television network on January 27, 2005. It is directed by Bob Balaban was produced by Radical Media. Actors played the roles of the five men and one woman. It stars David