2008 Société Générale trading loss the bank. Kerviel joined the middle offices in the bank Société Générale in the summer of 2000, working in its compliance department. In 2005 he was promoted to the bank's Delta One products team in Paris where he was a junior trader. Société Générale’s Delta One business includes program trading, exchange-traded funds (ETFs), swaps, index and quantitative trading. Bank officials claim that throughout 2007, Kerviel had been trading profitably in anticipation of falling market prices; however, they have accused him of exceeding his authority to engage in unauthorized trades totaling as much as €49.9 billion, a figure far higher than
Classifying space for U(n) are in one-to-one correspondence with the homotopy classes of maps from "M" to CP. One also has the relation that that is, BU(1) is the infinite-dimensional projective unitary group. See that article for additional discussion and properties. For a torus "T", which is abstractly isomorphic to U(1) × ... × U(1), but need not have a chosen identification, one writes B"T". The topological K-theory "K"(B"T") is given by numerical polynomials; more details below. Let "F"(C) be the space of orthonormal families of "n" vectors in C and let "G"(C) be the Grassmannian of "n"-dimensional subvector spaces of C. The total