2008 Société Générale trading loss taken massive fraudulent directional positions in 2007 and 2008 far beyond his limited authority" and that the trades involved European stock index futures. Though bank officials say Kerviel apparently worked alone, skeptics question how unauthorized trading of this magnitude could go unnoticed. Kerviel's unassuming background and position have heightened the skepticism that he worked alone. Some analysts suggest that unauthorized trading of this scale may have gone unnoticed initially due to the high volume in low-risk trades normally conducted by his department. The bank said that whenever the fake trades were questioned, Kerviel would describe it as a mistake then
Sébastien Rale view and does not refute the specifics of Rale's life and incendiary actions. Sébastien Rale Sébastien Rale (also Racle, Râle, Rasle, Rasles and Sebastian Rale (January 20, 1657 – August 23, 1724)) was a Jesuit missionary and lexicographer who worked among the eastern Abenaki people. He was stationed on the border of Acadia and New England, and encouraged Indian raids upon the Colonial settlements in Maine. He fought throughout King William's War and Queen Anne's War, and was eventually killed by the Colonists during Father Rale's War. Rale was born in Pontarlier, France and studied in Dijon. In 1675, he