2008 Société Générale trading loss a role in the market's overall decline, but characterized that impact as "minimal". 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
The Teacher Who Was Not To Be The Teacher Who Was Not To Be The Teacher Who Was Not To Be () is an opera monologue by Marcus Paus and with a libretto by Olav Anton Thommessen from 2013. It premiered at the concert "Paus & Paus" (with works by Marcus Paus and Ole Paus) in the Atrium of the University of Oslo in connection with the Oslo Opera Festival on 12 October 2013, with renowned opera singer Knut Stiklestad in the role of the eponymous "Teacher." The monologue is based on a letter written by Olav Anton Thommessen to Marcus Paus in 2006, shortly after Paus