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
Rale Rasic Rale Rasic Zvonimir "Rale" Rasic OAM (/Zvonimir Rale Rašić; born 26 December 1935) is a Bosnian Australian former association football player, coach and media personality. Born in Dole, Littoral Banovina, Kingdom of Yugoslavia (now Bosnia and Herzegovina) Rasic begin his career playing in Yugoslav clubs. Also known as Zvonko Rasic, Zvonko being a usual diminutive for Zvonimir, he played with FK Proleter Zrenjanin, FK Vojvodina, FK Spartak Subotica and FK Borac Banja Luka. He migrated to Australia in 1962, but returned to Yugoslavia after 18 months to serve in the army. His obligations met, Rasic returned to Australia, and played