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
Rale Rasic Rale Rasic Zvonimir "Rale" Rasic OAM (/Zvonimir Rale Rašić; born 26 December 1935) is a Bosnian Australian former association football player, coach and media personality. Born in Dole, Littoral Banovina, Kingdom of Yugoslavia (now Bosnia and Herzegovina) Rasic begin his career playing in Yugoslav clubs. Also known as Zvonko Rasic, Zvonko being a usual diminutive for Zvonimir, he played with FK Proleter Zrenjanin, FK Vojvodina, FK Spartak Subotica and FK Borac Banja Luka. He migrated to Australia in 1962, but returned to Yugoslavia after 18 months to serve in the army. His obligations met, Rasic returned to Australia, and played