2008 Société Générale trading loss the bank. Kerviel joined the middle offices in the bank Société Générale in the summer of 2000, working in its compliance department. In 2005 he was promoted to the bank's Delta One products team in Paris where he was a junior trader. Société Générale’s Delta One business includes program trading, exchange-traded funds (ETFs), swaps, index and quantitative trading. Bank officials claim that throughout 2007, Kerviel had been trading profitably in anticipation of falling market prices; however, they have accused him of exceeding his authority to engage in unauthorized trades totaling as much as €49.9 billion, a figure far higher than
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