SocGen’s risk manager :)
Donnerstag, Januar 24th, 2008SocGen’s risk manager as he found out about the loss …
Archive for Januar 24th, 2008
Stupidity rules at SocGen …
Donnerstag, Januar 24th, 2008Move over Nick Leeson … here comes Jérôme Kerviel
4.9bln Euro loss on Futures … obviously a lot of futures. Even if you assume a close to impossible loss of 1.000 points per contract, it must have been 200.000 FDAX or even 500.000 FESX futures … A lot for a “small position trader”.
So it […]
