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
Space Trader Space Trader Space Trader is a video game by the Canadian developer HermitWorks, for Microsoft Windows and Mac OS X released on July 25, 2007. After the game was open-sourced in 2008, an iOS version followed in 2009. "Space Trader" is a combination first person action and trading game with co-operative multiplayer, tied together with online scoreboards. Players assume the role of Traders in a fictitious future universe. Their goal: to make as much money possible within a time limit. They accomplish this by leasing cargo ships, traveling to planets and trading with Merchants. Each Merchant trades different commodities, and