Wednesday, March 12, 2008

Another Arrest in Kerviel Societe Generale Case

More, but not too revealing. Still, no one talks about why the bank didn't get a margin call within one day of the big bets. That would have exposed what was going on.

http://www.nytimes.com/2008/03/12/business/worldbusiness/12cnd-bank.html?_r=1&hp&oref=slogin

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