Thursday, January 24, 2008

Trading Fraud at Soc Gen?

Another shoe? Just tuning in by evidently there is a big loss at Societe' Generale, France's second largest bank. It has taken futures off their highs. I don't think this will linger for too long.$ 7.1 billion is a big number.


About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.