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
Sébastien Rale the Assembly to act in what was called Dummer's War. In August 1724, a force of 208 British soldiers left Fort Richmond in 17 whaleboats (now Richmond, Maine) and rowed up the Kennebec. These split into two units under the commands of captains Johnson Harmon and Jeremiah Moulton. At Taconic Falls (now Winslow, Maine), 40 men were left to guard the boats as the troops continued on foot. On August 23, 1724 (N. S.), the expedition came upon the village of Norridgewock. The Indians were routed, leaving 26 warriors dead and 14 wounded. Among the casualties was Sébastien Rale. Rale's