Société Générale was at the centre of a financial scandal in 2009. The bank denied those accusations. January 2008: Trading loss incident (Kerviel Fraud) On January 24, 2008, the bank announced that a single futures trader at the bank had fraudulently lost the bank €4.9 billion (an equivalent of US$7.2 billion), the largest such loss in history. The company did not name the trader, but other sources identified him as Jérôme Kerviel, a relatively junior futures trader who allegedly orchestrated a series of bogus transactions that spiraled out of control amid turbulent markets in 2007 and early 2008. Partly due to the
Vatopedi the French Bibliothèque Nationale, which includes numerous peripluses, extracts from Strabo and Ptolemy's geographical works, and early maps. In September 2008, the monastery was implicated in an alleged real estate scandal. The monastery is being accused of trading low-value land for high-value state property in a deal with the New Democracy government of Prime Minister Kostas Karamanlis. The cost to the state is believed to have been at least €100 million. The financial writer Michael Lewis reports that a Greek parliamentary commission estimated the value of government property received by the monastery at one billion euros. Michael Lewis, in his