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
T G Purvis T G Purvis T G Purvis (12 April 1861 – 17 January 1933) was a British marine artist. A sea captain who turned to painting, he was a prolific painter of ship portraits and marine scenes from the early 1890s to the late 1920s. His paintings can be found in a number of public collections, notably the National Maritime Museum and the National Museum of Wales. Thomas George Purvis (professionally known as T G Purvis) was born in Chirton, Northumberland, on 12 April 1861. He was the only child of the then 46-year-old Jane Scott, daughter of a master mariner,