2008 Société Générale trading loss positions built up by Kerviel. This has led to speculation that stock market turbulence caused the Federal Reserve Board to cut the rate. A Federal Reserve spokesperson denied the central bank knew of Société Générale's situation when it made its decision. It is estimated that over the period the total trading in futures and the cash market for the Euro Stoxx 50 was €544 billion. This would make the unwinding of Kerviel’s position account for five per cent or less of overall activity. Société Générale's investment banking chief, Jean Pierre Mustier, acknowledged that the three days of forced selling played
Sébastien Rale Colonists immediately stopped selling gunpowder, ammunition, and food to the Abenaki. Then 300 soldiers under the command of Colonel Thomas Westbrook surrounded Norridgewock to capture Rale in January 1722, while most of the tribe were away hunting, but he was forewarned and escaped into the forest. His strongbox was found among the possessions that he left behind, however, with a hidden compartment containing letters implicating him as an agent of the French government and promising Indians enough ammunition to drive the Colonists from their settlements. Also, inside was his three-volume Abenaki-French dictionary, which was presented to the library at Harvard