Incredulous derivative and equity traders still wanted answers on Monday after Societe Generale explained how a rogue trader built up a $73 billion (35 billion pound) position and caused the French bank to lose $7 billion.
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SocGen fraud details leave traders astonishedPosted by UK Economy News
In UK financial news
28Jan 08 Incredulous derivative and equity traders still wanted answers on Monday after Societe Generale explained how a rogue trader built up a $73 billion (35 billion pound) position and caused the French bank to lose $7 billion.
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