Jaxx
01-24-2008, 12:46 PM
Just trying to top Carpey's title.
http://www.foxnews.com/story/0,2933,325192,00.html
Rogue trader to cost SocGen $7bn
The logo of Societe Generale is seen a Paris street
Despite the loss, the bank expect to report a net profit, made in 2007
French bank Societe Generale says it has uncovered "massive" fraud by a Paris-based trader which resulted in a loss of 4.9bn euros ($7.1bn;
http://www.foxnews.com/story/0,2933,325192,00.html
Rogue trader to cost SocGen $7bn
The logo of Societe Generale is seen a Paris street
Despite the loss, the bank expect to report a net profit, made in 2007
French bank Societe Generale says it has uncovered "massive" fraud by a Paris-based trader which resulted in a loss of 4.9bn euros ($7.1bn;