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Europe banks extend rally on state aid, US plan
European markets have opened higher after a strong performance by Asian exchanges. The major European markets have opened up 4 percent or mote, and are still rising. The rise is probably partly due to the dramatic...Romney “bundler” could face insider trading charges
" 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...Portrait Of The Fraudster As A Young Man
"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...Bank uncovers $7 billion fraud by single trader
"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...
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