Societe Generale Leverage Ratio 50:1, maybe higher !
Now France will lose its Triple A Rating. Goodybe, Eurozone
I was right that treasuries wont be that unattractive every finance nerd promised...
http://www.zerohedge.com/news/50x-leverage-and-2-…
Can you all remember Jerome Kerviel, he had a one year trading balance of €400 billion, this guy worked at SocGen. Impressive ?!
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Jerome should work harder...that's pathetic
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