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 within the tribe, urging armed resistance. He declared: Rale wrote to Vaudreuil for reinforcements, and 250 Abenaki warriors from near Quebec arrived at Norridgewock, reliably hostile to the Colonists. On July 28, 1721, over 250 Indians landed at Georgetown in war paint and flying French colors from a flotilla of 90 canoes. With them were Rale and Superior of the Missions Pierre de la Chasse. They delivered a letter which demanded that the Colonial settlers leave or Rale and his Indians would kill them and burn their houses, together with their livestock. A reply was expected within two months. The