French bank loses EUR 600 million down sofa....
French bank loses EUR 600 million down sofa....
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Vesuvius 996

Original Poster:

35,829 posts

301 months

Office_Monkey

1,969 posts

239 months

Friday 17th October 2008
quotequote all
Thought you posted something from the Daily Mash, looking at the article it almost could be... eek

schmalex

13,616 posts

236 months

Friday 17th October 2008
quotequote all
whadda mistaka to maka

BigJonMcQuimm

975 posts

242 months

Friday 17th October 2008
quotequote all
used to work for them ... no surprise

tonyvid

9,889 posts

273 months

Friday 17th October 2008
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Froggy Bank said:
It added that because of its assets of more than 20 billion euros the loss would not impact its financial solidity and would have no effect on its clients.
Nice that it can afford to lose so much and have no effect!!!

Fittster

20,120 posts

243 months

Friday 17th October 2008
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Didn't another French bank rather badly cock-up a derivative trade a few months ago?


BigJonMcQuimm

975 posts

242 months

Friday 17th October 2008
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Both Soc Gen and NatIxis have had rogue tradig incidents

grumbledoak

32,571 posts

263 months

Friday 17th October 2008
quotequote all
Sounds like a smaller re-run of Kerviel... hehe

http://www.thedailymash.co.uk/news/business/french...