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societe generale have a problem

  1. seals
    9,340 Posts.
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    25/01/08
    10:03
    Post #: 3287158
    You've probably all caught up with the news but here's an interesting article about massive loss at Soc Gen perpetrated by one single trader. About $8 billion AUD I believe.:

    http://uk.reuters.com/article/UKNews1/idUKL2474469720080124?pageNumber=1&virtualBrandChannel=0

    They'll have to make their UCL investment work now to pay it back! hehehe
    UCL Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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