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
Course of the Rogue River (Oregon) on the right. At this point, the Upper Rogue River Trail crosses the stream on a footbridge and continues parallel to the river along the left bank. Muir Creek enters from the right at Muir Campground, at RM 204 (RK 328). Soon the Rogue receives Hurryon Creek from the left, Meadow and Lost creeks from the right, and National Creek from the left. Shortly thereafter, NFD 6530 crosses the road and so does the Upper Rogue River Trail, which continues parallel to the river on the right bank. About later, the river leaves Douglas County and enters Jackson County near