Company · General: 50 billion fraud

Fortunately, the company is able to act quickly to reduce the hole produced by the trader to 5 billion.
PARIS - The fraud at the company · Generale totals 50 billion euros. Actual losses pear ² stands at a tenth of the total figure!
All cia ² is communicated by the same French bank in a statement on the alleged scam orchestrated by Jerome Kerviel, currently held in custody for having caused the coffers of the French bank a bug from 5 billion.
The note - The note states that: "This position has been fraudulent imperatively be resolved quickly because of the risks related to its importanzaÂ, stating that is was Â" resolved in three days following an operation method controllato ', ie limits in less than 10% of trading volumes on European indices concerned in order to  "respect the integrity of Mercat € ™.
 "I can not guarantee 100%, but at present there is no evidence that the trader has received help esternoÂ" he said after the head of the Investment Banking division of Societe Generale, Jean Pierre Mustier.
DEFENCE - Defence Glia vvocati sostegono the hypothesis of a smoke screen raised to justify the losses that have burdened the budget.

Tags: Budget , Dell

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