Talk:Société Générale/Archive 1

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Where did the money go?

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A nice addition might be showing where the money went. It didn't just disappear. Who's got it now? 216.208.153.2 (talk) 20:38, 25 January 2008 (UTC)

Well, they say the markets are a "zero sum game". So if SocGen lost big, someone was on the other side of the transaction, perhaps George Soros or SAC capital.EdwardLovette (talk) 07:43, 28 January 2008 (UTC)

The transactions (the real ones) were made on an organized futures market. The only counterpart you know in this situation is the market itself (say, Euronext). Anyone who was short futures when Kerviel was long (and conversely) could have profited. Also, releasing who the counterparties really were would give the impression they somehow knew what was going on at SG, while they were really randomly matched by the market's systems. --Pdoucy (talk) 16:34, 17 May 2009 (UTC)

I'm missing info about the 1976 robbery in Nice

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Hi!

I'm new to the talk part so i hope i do it right. Anyway, while i was reading the updates about the latest scandal in the bank Société Générale i was surprised that there was'nt a word mentioned about the robbery that took place in 1976 and which allegedly was masterminded by Albert Spaggiari. I'm not so good at the details but maybe someone with more info could insert a note about this event in the history part of Société Générale.

Here is the article about Albert Spaggiari [1]

Kind regards

Notbugs (talk) 07:59, 25 January 2008 (UTC)

CDS Payouts

I added (in what I hope is a fairly neutral manner) info about SocGen's CDS payouts from AIG. I encourage anyone more expert in financial terminology to correct, revise, or expand as appropriate. shultzc (talk) 03:19, 16 March 2009 (UTC)

$11 billion bailout from United States taxpayers
The title is misleading. SG was never specifically supposed to receive money from US taxpayers, and never did. SG received money from AIG as part of the enforcement of contracts that linked the two entities. As far as SG is concerned, the fact that AIG needed to be bailed out by the federal reserve and/or the US government is irrelevant (although it shows questionable counterparty risk management from SG...). --Pdoucy (talk) 16:42, 17 May 2009 (UTC)

$11 billion bailout from United States taxpayers

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This paragraph is not neutral but states a personal opinion. On top of that it is technically wrong, Societe Generale received money from AIG in accordance with the sum AIG was owing them. The Bailout maybe enabled AIG to pay Soc.Gen the money they owed them, but they did not hand out government cash: Government gave AIG Equity (tier 1), whereas AIG paid Soc.G money from their accrual account, which is either tier 2 or 3. The accrual account had been raised to a higher volume once the event of a increased payment to Soc.G. had become likely, thereby reducing equity. Björn Wolf (talk) 20:56, 22 October 2009 (UTC)

$11 billion?

CNN has 16.5 billion with the "Special Inspector General for the Troubled Asset Relief Program" as its source. http://money.cnn.com/2009/12/10/news/economy/TARP_hearing/index.htm Why the different numbers? —Preceding unsigned comment added by Rxtreme (talkcontribs) 00:17, 11 December 2009 (UTC)

New article supplementations/concatenations but very few citations

Many recent additions to this article have been uncited and hence unverifiable. We need an editor(s) with the patience to comb through the article statements and add valid citations or remove content that have no support for its claims. Furthermore, new article additions should come with references. Kjmonkey (talk) 06:30, 2 April 2011 (UTC)

Merger proposal

Lyxor Asset Management currently cites one source, an announcement from Société Générale discussing the launch of Lyxor. To stand alone, the article clearly needs substantial coverage in independent reliable sources. I have been unable to find substantial coverage. I suggest we merge it here. - SummerPhD (talk) 01:26, 13 April 2011 (UTC)

1864–1893

"1864–1893 The bank was founded by a group of industrialists and financiers during..."

Need a list of these 'industrialists' and 'financiers' names w links to bios. Most pertinent info!

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Translation badge

As the historical part of this article wasn't updated since 2009, I had a translation from the last french version, for the historical part starting 2010. The governance of the company wasn't describe as well, I had a translation too.

How does it work to get a "translation badge" and respect copyrights?

This notification is provided by a Bot --CommonsNotificationBot (talk) 14:51, 30 October 2011 (UTC)

Sale of NSGB (Egypt)

The Egyptian affiliate NSGB has been sold in 2013 (deal closed 2013-03-08). [2]. Bokken | 木刀 12:36, 4 July 2013 (UTC)

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