2008 Société Générale trading loss the bank's total market capitalization. Bank officials claim that Kerviel tried to conceal the activity by creating losing trades intentionally so as to offset his early gains. According to the BBC, Kerviel generated €1.4 billion in hidden profits by the end of 2007. His employers say they uncovered unauthorized trading traced to Kerviel on January 19, 2008. The bank then closed out these positions over three days of trading beginning January 21, 2008, a period in which the market was experiencing a large drop in equity indices, and losses attributed are estimated at €4.9 billion. The bank claimed Kerviel "had
Sébastien Rale French would bring them "utter ruin and destruction", and the Colonists continued to settle on the Kennebec River. Governor-general of New France Vaudreuil wrote in 1720: "Father Rale continues to incite Indians of the mission at [Norridgewock] not to allow the English to spread over their lands." Indians began to kill cattle, burn haystacks, and otherwise harass Colonial settlers on the Kennebec. Chief Taxous died, and his successor was Wissememet who advocated peace with the Colonists, offering beaver skins as reparation for past damages, and four hostages to guarantee none in the future. Rale, however, continued to stir up individuals