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
Sébastien Rale French would bring them "utter ruin and destruction", and the Colonists continued to settle on the Kennebec River. Governor-general of New France Vaudreuil wrote in 1720: "Father Rale continues to incite Indians of the mission at [Norridgewock] not to allow the English to spread over their lands." Indians began to kill cattle, burn haystacks, and otherwise harass Colonial settlers on the Kennebec. Chief Taxous died, and his successor was Wissememet who advocated peace with the Colonists, offering beaver skins as reparation for past damages, and four hostages to guarantee none in the future. Rale, however, continued to stir up individuals