THURSDAY JANUARY 24
Weirdly, SocGen Also Named ‘Equity Derivatives House Of Year’

…By Risk Magazine, no less (whose timing, perhaps, could have been better). While crediting the bank with sidestepping enormous losses in the equities markets, despite harboring one of the largest exotics books on Wall Street, it now looks like the bank may have been so riveted by its equity-derivatives bets that it did not notice the pesky trader allegedly amassing a smattering of fraudulent directional positions. Ah, the irony of irony.

January 2008

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