2008 Société Générale trading loss taken massive fraudulent directional positions in 2007 and 2008 far beyond his limited authority" and that the trades involved European stock index futures. Though bank officials say Kerviel apparently worked alone, skeptics question how unauthorized trading of this magnitude could go unnoticed. Kerviel's unassuming background and position have heightened the skepticism that he worked alone. Some analysts suggest that unauthorized trading of this scale may have gone unnoticed initially due to the high volume in low-risk trades normally conducted by his department. The bank said that whenever the fake trades were questioned, Kerviel would describe it as a mistake then
Chief Ministership of N. T. Rama Rao Chief Ministership of N. T. Rama Rao Nandamuri Taraka Rama Rao (popularly known as NTR) was-Telugu film actor-turned-politician who served as the Chief Minister of Andhra Pradesh for three terms. He was the first non-Congress Chief Minister of Andhra Pradesh, representing the Telugu Desam Party (TDP) founded by him in 1982. His first term lasted 1 years from January 1983 to August 1984. He was ousted in a coup in August 1984, but returned to power a month later, which marked the beginning of his second term. He remained Chief Minister for the next five years, completing his full 5-year