Societe Generale Trading Scandal
SocGen is "in crisis"
Societe Generale is in crisis, France's economy minister said of the bank hit by losses piled up by a rogue trader, questions over its leadership, takeover speculation and a falling stock price. Full Article
Could it happen again?
Stark reminder that rogue traders can elude the most sophisticated security systems. Full Article
"A genius of fraud"
Junior banker used his intimate knowledge of risk control systems to conceal illegal dealing. Full Article
Who do you think is more to blame for the staggering scale of the losses suffered by Societe Generale? The bank, the trader - or the system? Post Comment
Mr Bouton held this unfortunate man up for public vilification, threw him to the dogs ... and there was no substance to it.
- Jerome Kerviel's lawyer Christian Charriere-Bournazel
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