Société Générale loss, that same day two credit rating agencies reduced the bank's long term debt ratings: from AA to AA- by Fitch; and from Aa1/B to Aa2/B- by Moody's (B and B- indicate the bank's financial strength ratings). Executives said the trader acted alone and that he may not have benefited directly from the fraudulent deals. The bank announced it will be immediately seeking 5.5 billion euros in financing. On the eve and afternoon of January 25, 2008, Police raided the Paris headquarters of Société Générale and Kerviel's apartment in the western suburb of Neuilly, to seize his computer files. French
Rale Rasic Rale Rasic Zvonimir "Rale" Rasic OAM (/Zvonimir Rale Rašić; born 26 December 1935) is a Bosnian Australian former association football player, coach and media personality. Born in Dole, Littoral Banovina, Kingdom of Yugoslavia (now Bosnia and Herzegovina) Rasic begin his career playing in Yugoslav clubs. Also known as Zvonko Rasic, Zvonko being a usual diminutive for Zvonimir, he played with FK Proleter Zrenjanin, FK Vojvodina, FK Spartak Subotica and FK Borac Banja Luka. He migrated to Australia in 1962, but returned to Yugoslavia after 18 months to serve in the army. His obligations met, Rasic returned to Australia, and played