2008 Société Générale trading loss the bank's total market capitalization. Bank officials claim that Kerviel tried to conceal the activity by creating losing trades intentionally so as to offset his early gains. According to the BBC, Kerviel generated €1.4 billion in hidden profits by the end of 2007. His employers say they uncovered unauthorized trading traced to Kerviel on January 19, 2008. The bank then closed out these positions over three days of trading beginning January 21, 2008, a period in which the market was experiencing a large drop in equity indices, and losses attributed are estimated at €4.9 billion. The bank claimed Kerviel "had
Sébastien Rale because he suspected Rale of not showing enough enthusiasm about fanning the flames of war. Governor Dudley put a price on Rale's head. In the winter of 1705, 275 British soldiers were dispatched under the command of Colonel Winthrop Hilton to seize Rale. The priest was warned in time, however, and escaped into the woods with his papers, but the militia burned the village and church. Rale wrote to his nephew: Rale also succeeded in attaching the tribe to the New France side of the war. The French induced in the Indians a deep distrust of English intentions—and they accomplished