Société Générale was at the centre of a financial scandal in 2009. The bank denied those accusations. January 2008: Trading loss incident (Kerviel Fraud) On January 24, 2008, the bank announced that a single futures trader at the bank had fraudulently lost the bank €4.9 billion (an equivalent of US$7.2 billion), the largest such loss in history. The company did not name the trader, but other sources identified him as Jérôme Kerviel, a relatively junior futures trader who allegedly orchestrated a series of bogus transactions that spiraled out of control amid turbulent markets in 2007 and early 2008. Partly due to the
The Teacher Who Was Not To Be The Teacher Who Was Not To Be The Teacher Who Was Not To Be () is an opera monologue by Marcus Paus and with a libretto by Olav Anton Thommessen from 2013. It premiered at the concert "Paus & Paus" (with works by Marcus Paus and Ole Paus) in the Atrium of the University of Oslo in connection with the Oslo Opera Festival on 12 October 2013, with renowned opera singer Knut Stiklestad in the role of the eponymous "Teacher." The monologue is based on a letter written by Olav Anton Thommessen to Marcus Paus in 2006, shortly after Paus