Societe Generale CEO said all the rumours swirling around the...

  1. 524 Posts.
    Societe Generale CEO said all the rumours swirling around the market about it were completely unfounded. It later demanded that the stock exchange regulator AMF investigate their origin, saying they had seriously damaged the interests of its shareholders.

    Societe Generale CEO Officer Frederic Oudea said speculation that France?s creditworthiness is in doubt is ?absolute rubbish.?

    ?I think the situation is really under control in France and in good hands,? Oudea said in an interview. ?In such a market, you know, which is nervous, it?s really easy to circulate absolutely unfounded information.?

    ......

    Going to watch the goldies today. Even when this rumour mongering rot is going on in Europe there's still good trades to be made on our market. Metals held up pretty well last night.



 
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