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 in the Park 2008 boys after he intervened to stop them harassing a female friend of his. Fortunately, this incident did not result in a fatality. The organisers have been heavily criticized for the security not stopping the man who smuggled the knife into the festival. There were only 68 arrests at T in 2008, 1 up from the previous year. T in the park won a number of awards for the festival hold in 2008 The Festival's green credentials were recognised in 2008 with the award of the Greener Festival Award 2008 from http://agreenerfestival.com who noted that the festival has long been carbon