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
Sébastien Rale because he suspected Rale of not showing enough enthusiasm about fanning the flames of war. Governor Dudley put a price on Rale's head. In the winter of 1705, 275 British soldiers were dispatched under the command of Colonel Winthrop Hilton to seize Rale. The priest was warned in time, however, and escaped into the woods with his papers, but the militia burned the village and church. Rale wrote to his nephew: Rale also succeeded in attaching the tribe to the New France side of the war. The French induced in the Indians a deep distrust of English intentions—and they accomplished