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
Rale Rasic taught the players how to sing the national anthem." He was a television presenter on SBS, during the Australian network's 2006 FIFA World Cup coverage. His biography, "The Rale Rasic Story," was published in 2006 by New Holland. Rasic was inducted into the Sport Australia Hall of Fame in 1989. In 2001, he was awarded the Australian Sports Medal and the Centenary Medal for "services to soccer" and in 2004 the Medal of the Order of Australia for "service to soccer as a player, coach and administrator." Rale Rasic Zvonimir "Rale" Rasic OAM (/Zvonimir Rale Rašić; born 26 December 1935)