2008 Société Générale trading loss a role in the market's overall decline, but characterized that impact as "minimal". 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
Rale Rasic Rale Rasic Zvonimir "Rale" Rasic OAM (/Zvonimir Rale Rašić; born 26 December 1935) is a Bosnian Australian former association football player, coach and media personality. Born in Dole, Littoral Banovina, Kingdom of Yugoslavia (now Bosnia and Herzegovina) Rasic begin his career playing in Yugoslav clubs. Also known as Zvonko Rasic, Zvonko being a usual diminutive for Zvonimir, he played with FK Proleter Zrenjanin, FK Vojvodina, FK Spartak Subotica and FK Borac Banja Luka. He migrated to Australia in 1962, but returned to Yugoslavia after 18 months to serve in the army. His obligations met, Rasic returned to Australia, and played