Societe Generale

[aiki14]

In a move bound to effect wire houses the world over Soc Gen has announced that after suffering more than $7 billion in 4th quarter losses it is closing it's Rogue Trading Desk. No comment yet on Whether GS, MER, or JPM will follow suit. 4/1/2008

[Jelly]

In a move bound to effect wire houses the world over Soc Gen has announced that after suffering more than $7 billion in 4th quarter losses it is closing it's Rogue Trading Desk. No comment yet on Whether GS, MER, or JPM will follow suit. 4/1/2008
What will happen to all the money I have in there?

[Horsefish]

What will happen to all the money I have in there?

Rogue traders now counting your money on 80' luxury yacht.

[Jelly]

Rogue traders now counting your money on 80' luxury yacht.

Damn it, Janet!

[netwrangler]

QUOTE=Jelly;99871]What will happen to all the money I have in there?[/QUOTE]

Rogue traders now counting your money on 80' luxury yacht.

Not to worry, Jelly, I did a leveraged buy out of a 210' yacht previously owned by the Corporate Risk Manager of a now defunct hedge fund. I convinced the Rogue Traders to trade their 80' yacht for a 2-week time share on the larger vessel. [I think the ladies in the Formentera-based sales team I used to close the deal helped a lot.]

The 80' yacht is now available for charter in the Aegean. I used your funds for seed money. But your money is safe.

Trust me.