SocGen Controls Lacked Depth - Internal SG Report http://www.reuters.com/article/bankingFinancial/idUSL2014618020080221?sp=true
Thu Feb 21, 2008
By Sudip Kar-Gupta
PARIS (Reuters) - An internal investigation by Societe Generale (SOGN.PA: Quote, Profile, Research) into a massive trading loss blamed on a single trader has found controls at the French bank lacked depth, a report published by the bank showed on Wednesday. http://www.reuters.com/article/bankingFinancial/idUSL2014618020080221?sp=true