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
T G Purvis varying degrees, especially his oldest son, Tom Purvis (1888-1959), who became one of the most distinguished and distinctive of 20th century poster artists. "Selections of his paintings can be found on:"<br> The BBC's "Your Paintings" "and on various art selling sites, including:"<br> The Fine Art Emporium <br> Bonhams <br> Christies T G Purvis T G Purvis (12 April 1861 – 17 January 1933) was a British marine artist. A sea captain who turned to painting, he was a prolific painter of ship portraits and marine scenes from the early 1890s to the late 1920s. His paintings can be found in