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Archivio news GENNAIO 2008

Pag. 1-2-3

 

Rogue Societe Generale trader 'not on the run' - lawyer
PARIS (Thomson Financial) - The trader blamed for a near five-billion-euro fraud at Societe Generale is "not on the run", his lawyer said.

 

Wall Street Analysts More Bearish Than Ever; More Accurate, Too
June 18 (Bloomberg) -- Never in the history of Wall Street have analysts been so bearish. The good news is they're also getting it right more often, helping make investors richer by betting against corporate America.

 

SocGen Shares Recoup Some Losses In Wake Of Fraud
PARIS (Dow Jones)--Shares in Societe Generale (13080.FR) recouped some losses Friday morning despite several stock downgrades and price target cuts, one day after the French bank said it had suffered the biggest fraud in banking history.

 

Supermodel Bundchen Dumping Dollars
Nov. 5 (Bloomberg) -- Gisele Bundchen wants to remain the world's richest model and is insisting that she be paid in almost any currency but the U.S. dollar.

 

WSJ(1/25) French Bank Rocked By Rogue Trader
PARIS -- The rogues' gallery of banking has a new candidate for membership: 31-year-old trader Jerome Kerviel.

 

WSJ(1/25) Criticism Of Rate Cut Mounts
WASHINGTON -- Federal Reserve Chairman Ben Bernanke faces a perception problem: It looks like he is too ready to respond to a falling stock market.

 

WSJ(1/25) UPDATE: Criticism Of Rate Cut Mounts
WASHINGTON -- Federal Reserve Chairman Ben Bernanke faces a perception problem: It looks like he is too ready to respond to a falling stock market.

 

WSJ(1/25) SocGen Is Latest Casualty As Risk Rules Fail
Societe Generale SA's $7.2 billion loss on a series of fraudulent trades is just the latest example of a breakdown in internal controls that are supposed to protect financial firms from disaster.

 

DJ MARKET TALK: Uncertainty Over Next Fed Rate Cut
0824 GMT [Dow Jones] The theory that Societe Generale's (SCGLY) losses may have been at least partially behind the Fed's decision to cut rates by 75 basis points could mean that the Fed may not have to cut rates again next week.

 

WSJE(1/25) Column: Shock-iete Generale
PARIS -- A thunderbolt hit the banking world yesterday when Societe Generale revealed that it had been the "victim" of an "exceptional" fraud totaling 4.9 billion euros. The bank, considered one of the strictest and most serious-minded in France, was also up to that point the most profitable, ahead of BNP Paribas.

 

 

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ANGOLO DELL'HUMOR