2008 Société Générale trading loss taken massive fraudulent directional positions in 2007 and 2008 far beyond his limited authority" and that the trades involved European stock index futures. Though bank officials say Kerviel apparently worked alone, skeptics question how unauthorized trading of this magnitude could go unnoticed. Kerviel's unassuming background and position have heightened the skepticism that he worked alone. Some analysts suggest that unauthorized trading of this scale may have gone unnoticed initially due to the high volume in low-risk trades normally conducted by his department. The bank said that whenever the fake trades were questioned, Kerviel would describe it as a mistake then
T & G Mutual Life Assurance Society income of nearly 4 million pounds, and assets totaling over 16 million pounds. By 1952 the income had increased to 16 million pounds and funds to 86 million pounds. In 1983 the T&G Society amalgamated with the National Mutual Life Association. which was itself purchased by AXA, a French multinational, in the 1990s. The T & G Mutual Life Assurance Society was notable amongst Australian insurance companies for constructing a series of landmark buildings in cities and town across Australia and New Zealand in the interwar period. In the boom years of the 1880s they built prominent headquarters in Melbourne