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
Today Trader Today Trader Today Trader, Inc is a trading and education service that started in 2008. As of 2013, trading with their service is done primarily through their relationship with the Ditto Trade online brokerage service. Since 2018, the venture serves as an educational hub. Steve Gomez and Andy Lindloff met at a Level 2 trading seminar when they were both working as floor traders in 1998. Today Trader, Inc was started in 2008 when Gomez and Lindloff began sharing their desktops with other traders through GoToMeeting. This service was available as a subscription for active day traders. The day trading