Billions lost at French Bank



Telegraph.co.uk
Fraud Costs French Bank $7.1 Billion
New York Times - 1 hour ago
By DAVID JOLLY PARIS - The French bank Société Générale said Thursday that it had uncovered “an exceptional fraud” by a trader that would cost it 4.9 billion euros, or $7.1 billion, and that it was raising about 5.5 billion euros in fresh capital to ...
SocGen: The trader vanishes Financial Times
7 Billion Dollar French Bank Fraud Exposed ToTheCenter.com
Guardian Unlimited - Telegraph.co.uk - Economist - Irish Times
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