Société Générale loss, that same day two credit rating agencies reduced the bank's long term debt ratings: from AA to AA- by Fitch; and from Aa1/B to Aa2/B- by Moody's (B and B- indicate the bank's financial strength ratings). Executives said the trader acted alone and that he may not have benefited directly from the fraudulent deals. The bank announced it will be immediately seeking 5.5 billion euros in financing. On the eve and afternoon of January 25, 2008, Police raided the Paris headquarters of Société Générale and Kerviel's apartment in the western suburb of Neuilly, to seize his computer files. French
G. N. Watson a statistician. G. N. Watson George Neville Watson (31 January 1886 – 2 February 1965) was an English mathematician, who applied complex analysis to the theory of special functions. His collaboration on the 1915 second edition of E. T. Whittaker's "A Course of Modern Analysis" (1902) produced the classic "Whittaker and Watson" text. In 1918 he proved a significant result known as Watson's lemma, that has many applications in the theory on the asymptotic behaviour of exponential integrals. He was educated at St Paul's School, as a pupil of F. S. Macaulay, and Trinity College, Cambridge. There he encountered Whittaker,