Well, he did not act alone...good news, in the sense that one individual would not really be able to circumvent all the checks and balances...but bad news, in the sense that it appears that SocGen may well be as corrupt and inept as has long been rumoured in the marketplace. This could yet see the bank fall...
Rogue trader in £3.6bn fraud threatens to 'name names' as bank admits he may have had a lot of help
Current Status: Blessed (1)
Seeded on Sun Jan 27, 2008 7:18 PM
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