2008 Société Générale trading loss 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 to his superiors and that the losses were caused by panic selling by
Euros Lyn Euros Lyn Euros Lyn () (born 1971) is a Welsh television director. Lyn started out directing Welsh-language shows broadcast on S4C such as "Pam Fi Duw?", "Iechyd Da" and "Y Glas". He directed nine episodes of "Doctor Who" and won the BAFTA Cymru award for Best Director for "Silence in the Library" and the 2007 Hugo Award for Best Dramatic Presentation, Short Form for "The Girl in the Fireplace". He also directed David Tennant's last episodes of "Doctor Who". In 2008, he directed "", the five-episode "Torchwood" mini-series (often called series 3 of the show). In 2007, he directed the