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Former French Trader May Have Had Help, Internal Audit Finds.
- Source :
-
New York Times . 5/24/2008, Vol. 157 Issue 54320, p4. 0p. - Publication Year :
- 2008
-
Abstract
- Weak management and insufficient internal risk controls at Societe Generale made it possible for a 31-year-old trader to cause nearly 5 billion euros in losses at the French bank, a report from an internal investigation has concluded. The report, released Friday, also said that the trader, Jerome Kerviel, might have had an accomplice. [ABSTRACT FROM PUBLISHER]
- Subjects :
- *INTERNAL auditing
*INTERNAL auditors
*AUDIT departments
*MANAGEMENT controls
Subjects
Details
- Language :
- English
- ISSN :
- 03624331
- Volume :
- 157
- Issue :
- 54320
- Database :
- Academic Search Index
- Journal :
- New York Times
- Publication Type :
- News
- Accession number :
- 32142953