société générale

Questions: 607.1. In January 2008, Société Générale reported trading losses of €4.9 billion (~ $7.1 billion) that the firm attributed to fraudulent and unauthorized activity by a junior trader, Jérôme Kerviel. According to Steve Allen, each of the following is a "lesson to be learned" from the...

Learning outcomes: Describe challenges which can arise through the use of external data. Describe the Société Générale operational loss event, explain the lessons learned from the event and summarize how this event was classified by external data vendors. Questions: 503.1. Which best...