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
Euros Lyn Euros Lyn Euros Lyn () (born 1971) is a Welsh television director. Lyn started out directing Welsh-language shows broadcast on S4C such as "Pam Fi Duw?", "Iechyd Da" and "Y Glas". He directed nine episodes of "Doctor Who" and won the BAFTA Cymru award for Best Director for "Silence in the Library" and the 2007 Hugo Award for Best Dramatic Presentation, Short Form for "The Girl in the Fireplace". He also directed David Tennant's last episodes of "Doctor Who". In 2008, he directed "", the five-episode "Torchwood" mini-series (often called series 3 of the show). In 2007, he directed the