" A billionaire fundraising "bundler" of presidential candidate Mitt Romney could face a criminal investigation into insider share dealing after selling over $200 million of shares just days before Societe Generale's rogue-trader losses were reported.
Robert Day, a member of...
"LONDON -
Not much is known about the alleged rogue trader at French bank Societe Generale, who has apparently left the firm after building up over $7.2 billion in losses over the past year. But if past precedent is anything to go by, his ego and his wallet were the two main...
"PARIS (AP) -- Societe Generale uncovered a $7.14 billion fraud -- one
of history's biggest -- by a single futures trader who orchestrated a
series of bogus transactions that spiraled out of control amid roiling
markets this week, the French bank said Thursday. Executives...