Paris/AP - The international banking sector was shaken today with the announcement of a major fraud within France's premier bank, Societe Generale.
Financial investigators said over 5 billion Euros ($7.2 B) were lost in a trading scheme perpetra...
Paris - (Merde Alors! Mess): A raunchy ménage à trois porn video featuring France's first lady Carla Brunei Sarkozy and ScoGen rogue trader Jerome Kerviel "screwing the French government, the Paris Bourse and the national oil compan...
Paris, France - (Embezzlement Mess): A frontman appointed by George W Bush's blind trust portfolio bagman William Stamps Farish III sold over $500 million SocGen shares held in an escrow account 'for an unnamed beneficiary' just days befo...
Paris, France - (Sarkozy Mess): Prosecutors investigating the $7 billion fiasco at the SocGen bank are warning that it is farce becoming France's answer to the UK's Northern Crock Bank fiasco.
Bosses at French Bank Societe Generale said they are perplexed by rogue trader, Jerome Kerviel, who they understand was not perpetrating the major fraud for personal gain.
Switzerland - (Zurich Gnome Mess): The annual Davos ecomonic forum has been rocked by reports that rogue SocGen trader Jerome Kerviel was in charge of managing Russian President Vladimir Sputum's burgeoning $20 billion retirement warchest.
London - (Cyber-stalking Mess): Police investigating the Kieren Fallon horserace-fixing internet bookmakers' scam say that a pattern of wagers on losing favorites appears to be identical to financial bets made by SocGen trader Jerome Kerviel.
Jérôme Kerviel, incensed for what he termed "over reactions" by Societe Generale, said "what I did while performing my fiduciary obligations were financial strategies that were approved prior to their implementation by my superiors at...
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