Societe Generale
Another SocGen Trader Detained In France
Read the full article: http://www.money-rx.com/blog/2008/03/second-societe-generale...
Judicial officials said Wednesday that another trader at French bank Societe Generale has been taken in for questioning in connection with a multibillion dollar trading scandal.
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Societe Generale Responsible For Global Stock Crash
Read the full article: http://www.money-rx.com/blog/2008/01/socit-gnrales-selloff-t...
Société Générale rushed to unwind those trades during Monday’s market plunge, and trading in those futures contracts soared to record levels. The bank’s abrupt reversal contributed to a decline that snowballed into an avalanche of sell orders around the world...
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