2008 Société Générale trading loss positions built up by Kerviel. This has led to speculation that stock market turbulence caused the Federal Reserve Board to cut the rate. A Federal Reserve spokesperson denied the central bank knew of Société Générale's situation when it made its decision. It is estimated that over the period the total trading in futures and the cash market for the Euro Stoxx 50 was €544 billion. This would make the unwinding of Kerviel’s position account for five per cent or less of overall activity. Société Générale's investment banking chief, Jean Pierre Mustier, acknowledged that the three days of forced selling played
The End of the World (Doctor Who) The End of the World (Doctor Who) "The End of the World" is the second episode of the first series of the British science fiction television programme "Doctor Who". Written by executive producer Russell T Davies and directed by Euros Lyn, the episode was first broadcast on BBC One on 2 April 2005. In the episode, the alien time traveller the Ninth Doctor (Christopher Eccleston) takes his new companion Rose Tyler (Billie Piper) five billion years into the future where many rich alien delegates have gathered on a space station called Platform One to watch the Sun expand into a