2008 Société Générale trading loss the bank. Kerviel joined the middle offices in the bank Société Générale in the summer of 2000, working in its compliance department. In 2005 he was promoted to the bank's Delta One products team in Paris where he was a junior trader. Société Générale’s Delta One business includes program trading, exchange-traded funds (ETFs), swaps, index and quantitative trading. Bank officials claim that throughout 2007, Kerviel had been trading profitably in anticipation of falling market prices; however, they have accused him of exceeding his authority to engage in unauthorized trades totaling as much as €49.9 billion, a figure far higher than
Alleged Libyan financing in the 2007 French presidential election election campaign. In March 2018, Sarkozy-era interior minister Brice Hortefeux voluntarily appeared before French police for questioning. Several arrests have been made in relation to the inquiry. Sarkozy's political party, The Republicans, issued a statement following his arrest in which it said the former president had the party's full support. Spokesman Christian Jacob later suggested that the accusations against Sarkozy were politically motivated. Following Sarkozy's arrest, Eric Ciotti expressed confidence the former president would be exonerated. Alleged Libyan financing in the 2007 French presidential election Alleged Libyan financing in the 2007 French presidential election purportedly took the form of Libya's