The Daily Caveat is written by Michael Thomas, a recovering corporate investigator in the Washington, DC-area. [More]

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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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9/08/2008
Continued Questions on Soc Gen 's Knowledge of Kerviel Trades
This time it is the bank's external auditors who are meeting with French authorities.

-- MDT

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all content © Michael D. Thomas 2009