MONDAY JANUARY 28
How He (Supposedly) Did It

SocGen is revealing a great deal more about how it believes Monsieur Kerviel allegedly balanced fraudulent trades in a series of bets that it says exposed it to more than $70 billion of losses – completely unauthorized by and unbeknownst to it. More on how the bank claims this was done, even as some traders question how it could be possible.

January 2008

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