2008 Société Générale trading loss positions built up by Kerviel. This has led to speculation that stock market turbulence caused the Federal Reserve Board to cut the rate. A Federal Reserve spokesperson denied the central bank knew of Société Générale's situation when it made its decision. It is estimated that over the period the total trading in futures and the cash market for the Euro Stoxx 50 was €544 billion. This would make the unwinding of Kerviel’s position account for five per cent or less of overall activity. Société Générale's investment banking chief, Jean Pierre Mustier, acknowledged that the three days of forced selling played
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