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
T in the Park 2008 T in the Park 2008 T in the Park 2008 was the fifteenth T in the Park festival to take place since 1994. It took place on the weekend of Friday 11 July, Saturday 12 July and Sunday 13 July at Balado, in Perth and Kinross, Scotland. The bands headlining the 2008 event were Rage Against the Machine, The Verve and R.E.M. on the Main Stage and The Chemical Brothers, Kaiser Chiefs and The Prodigy on the Radio 1 / NME Stage. It was announced that the campsite would open on 10 July 2008 to avoid a repeat of the