2008 Société Générale trading loss the bank's total market capitalization. Bank officials claim that Kerviel tried to conceal the activity by creating losing trades intentionally so as to offset his early gains. According to the BBC, Kerviel generated €1.4 billion in hidden profits by the end of 2007. His employers say they uncovered unauthorized trading traced to Kerviel on January 19, 2008. The bank then closed out these positions over three days of trading beginning January 21, 2008, a period in which the market was experiencing a large drop in equity indices, and losses attributed are estimated at €4.9 billion. The bank claimed Kerviel "had
Miss Alleged the San Juan Capistrano Invitational and Santa Barbara Handicaps plus a third in the San Luis Obispo Handicap. Retired to broodmare duty at Issam Fares' Haras de Manneville in Banneville-la-Campagne, France, Miss Alleged produced thirteen offspring, none of which achieved her racing success. She suffered complications after giving birth to her thirteenth foal in 2008, and had to be humanely euthanized on February 28. Miss Alleged Miss Alleged (1987–2008) was a French Thoroughbred racehorse who was a Champion in the United States and one of only two fillies to ever win the Breeders' Cup Turf. Foaled in Kentucky, she was