Societe Generale SA is a prime example of how a corporate culture can lead people to make extremely poor financial transactions. Jerome Kerviel was the name of the futures trader who helped cover up some very large trading positions that led to a $7 billion loss. Kerviel’s trading results for the year had a direct [...]
Archive for May, 2008
Irresponsible Compensation at Societe Generale SA
Posted in Everything, tagged bonus, compensation, coverup, futures, generale, leverage, loss, risk, sa, societe, trader on May 23, 2008 | No Comments »
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