2008 Société Générale trading loss a role in the market's overall decline, but characterized that impact as "minimal". 2008 Société Générale trading loss In January 2008, the bank Société Générale lost approximately €4.9 billion closing out positions over three days of trading beginning January 21, 2008, a period in which the market was experiencing a large drop in equity indices. The bank states these positions were fraudulent transactions created by Jérôme Kerviel, a trader with the company. The police stated they lacked evidence to charge him with fraud and charged him with breach of trust and illegally accessing computers. Kerviel states his actions were known
Sébastien Rale because he suspected Rale of not showing enough enthusiasm about fanning the flames of war. Governor Dudley put a price on Rale's head. In the winter of 1705, 275 British soldiers were dispatched under the command of Colonel Winthrop Hilton to seize Rale. The priest was warned in time, however, and escaped into the woods with his papers, but the militia burned the village and church. Rale wrote to his nephew: Rale also succeeded in attaching the tribe to the New France side of the war. The French induced in the Indians a deep distrust of English intentions—and they accomplished