It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

Rogue trader loses French bank $7 billion

page: 1
0

log in

join
share:
Agent Styx

posted on Jan, 24 2008 @ 09:16 AM
link   

Rogue trader loses French bank $7 billion


www.msnbc.msn.com

PARIS - French bank Societe Generale said Thursday it has uncovered a $7.14 billion fraud — one of history’s biggest — by a single futures trader who orchestrated a series of bogus transactions.
(visit the link for the full news article)


Agent Styx

posted on Jan, 24 2008 @ 09:16 AM
link   
What goes through some people's head, you know?

www.msnbc.msn.com
(visit the link for the full news article)


goosdawg

posted on Jan, 24 2008 @ 09:54 AM
link   
I smell a patsy.

How could this possibly happen without any oversight?


Alphard

posted on Jan, 24 2008 @ 10:01 AM
link   
Yeah.. I am also inclined to believe that they will retire on Bahamas now, having been payed a nice sum of money for saving the Bank's face and trustworthy-ness (to a smaller degree).


Quantum_Squirrel

posted on Jan, 24 2008 @ 11:58 AM
link   
this post is already being discussed here

LINK

My posts preceeds this one by 3 hours .. pls contribute




top topics
 
0

log in

join


The Above Top Secret Web site is a wholly owned social content community of AboveTopSecret.com.

This content community relies on user-generated content from our member contributors. The opinions of our members are not those of site ownership who maintains strict editorial agnosticism and simply provides a collaborative venue for free expression.

All content copyright 2024, AboveTopSecret.com