WSJE(1/25) Breakingviews.com: SocGen Debacle Leaves Questions
AFTER ALMOST TWO hours of painful excuses and embarrassing statements, Societe Generale's top managers still couldn't come up with a convincing explanation of what went wrong in an institution that let a young, low-level employee lose 4.9 billion euros ($7.2 billion) of the bank's money.

SocGen: Trader Amassed Positions Worth Tens Of Blns Of Euros
PARIS (AP)--French bank Societe Generale said Friday the rogue futures trader who cost the bank EUR4.9 billion had been trading on a much larger scale - tens of billions of euros.