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 Colonists immediately stopped selling gunpowder, ammunition, and food to the Abenaki. Then 300 soldiers under the command of Colonel Thomas Westbrook surrounded Norridgewock to capture Rale in January 1722, while most of the tribe were away hunting, but he was forewarned and escaped into the forest. His strongbox was found among the possessions that he left behind, however, with a hidden compartment containing letters implicating him as an agent of the French government and promising Indians enough ammunition to drive the Colonists from their settlements. Also, inside was his three-volume Abenaki-French dictionary, which was presented to the library at Harvard