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
T. G. Lingappa to be a freelance musician. He went on to purchase modern instruments from abraoad, especially London where he bought the electric guitar. Lingappa was well capable of playing the guitar. Music directors G. Ramanathan, S. V. Venkatraman and K. V. Mahadevan had used Lingappa for several of their songs. From then on Lingappa was playing many instruments under all the leading music directors. He worked with singers like T. M. Soundararajan, A. M. Rajah, Seerkazhi Govindarajan, V. N. Sundaram, S. C. Krishnan, M. L. Vasanthakumari, P. Leela, Jikki, T. V. Rathinam, A. P. Komala, Radha Jayalakshmi, Soolamangalam Rajalakshmi, K. Jamuna