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
Miss Alleged the San Juan Capistrano Invitational and Santa Barbara Handicaps plus a third in the San Luis Obispo Handicap. Retired to broodmare duty at Issam Fares' Haras de Manneville in Banneville-la-Campagne, France, Miss Alleged produced thirteen offspring, none of which achieved her racing success. She suffered complications after giving birth to her thirteenth foal in 2008, and had to be humanely euthanized on February 28. Miss Alleged Miss Alleged (1987–2008) was a French Thoroughbred racehorse who was a Champion in the United States and one of only two fillies to ever win the Breeders' Cup Turf. Foaled in Kentucky, she was