Societe Generale Fraud

Societe General Explains $7 Billion Fraud: Bad Management

AP | EMMA VANDORE | Posted 05.23.2008 | Business


PARIS — Investigators at Societe Generale SA say they suspect former futures trader Jerome Kerviel was helped by an assistant to cover up massiv...

Societe Generale Chief To Step Aside

New York Times | NICOLA CLARK | Posted 04.17.2008 | Business


Société Générale, the French bank that was rocked by a multibillion-dollar rogue trading scandal, said late Thursday that Daniel Bouton would step...

SocGen Seeks Scrapegoat For $7.1 Billion Scandal

New York Times | http://www.nytimes.com/2008/01/30/business/worldbusiness/30bank.html?ex=1359435600&en=78aa270f64137b8a&ei=5090&partner=rssuserland&emc=rss | Posted 01.30.2008 | Business


Senior politicians here increased calls for the resignation of top executives at Société Générale, ahead of the board's regular meeting, scheduled...

Societe Generale Was Blind To Warnings

Wall Street Journal | DAVID GAUTHIER-VILLARS and CARRICK MOLLENKAMP | Posted 01.29.2008 | Business


Société Générale's account of how a rogue trader triggered billions of dollars in losses is coming under strain, as it emerges that his risky trad...

New Details Emerge About Massive Bank Fraud

New York Times | Nicola Clark | Posted 01.27.2008 | Business


The French bank Société Générale, facing persistent questions over how one junior trader could have caused more than $7 billion in losses, acknowl...

Societe Generale's Sales May Have Incited Market Plunge

New York Times | NELSON D. SCHWARTZ and NICOLA CLARK | Posted 01.26.2008 | Business


As panic swept European markets on Monday, word spread that a big hedge fund was in trouble and dumping stocks. Someone was selling, all right -- Soc...

Rogue Trader Held in French Bank Scandal

AP | PIERRE-ANTOINE SOUCHARD | Posted 01.26.2008 | Business


PARIS — Police on Saturday questioned the young trader blamed for a massive fraud that cost France's Societe Generale bank more than $7 billion,...

Societe Generale Apologizes Over Fraud

AP | EMMA VANDORE | Posted 01.25.2008 | Business


PARIS — The rogue futures trader who allegedly cost French bank Societe Generale $7.14 billion had been betting on an even larger scale _ with t...