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
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