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2/17/2009
SocGen Turning a Multi-Billion Dollar Profit
The bank hasn't exactly put the Jerome Kerviel trading scandal behind it (still no trial, potential civil suits still loom) but it appears that Societe Generale is in no danger of breaking up or breakding down. In this economy just breaking even looks pretty good. A $2.5 billion dollar profit looks even better.

--MDT

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all content © Michael D. Thomas 2009