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
Day of the Imprisoned Writer in circumstances that appeared to be related to their professions. 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 Day of the Imprisoned Writer The Day of the Imprisoned Writer is an annual, international day intended to recognize and support writers who resist repression of the basic human right to freedom of expression and who stand up to attacks made against their right to impart information. This day is observed each year on November 15. It was started in 1981 by PEN International's Writers in Prison Committee. In addition to increasing the public's awareness of persecuted writers in general,