Davos, rencontres au sommet

L'affaire de la Société Générale : Elie Cohen n'y croit pas

Le Figaro - Sociétés françaises : Fraude à la Société Générale : Elie Cohen n'y croit pas

Bernanke didn't know about SocGen's loss when it slashed rates - MarketWatch

WASHINGTON (MarketWatch) -- The Federal Reserve was not aware that Societe Generale was unwinding trades in Europe on Monday that had been amassed by a rogue trader at the French bank, a Fed source said Thursday.

The bank's scramble to get out of those trades is now presumed to be a factor behind the panic sell-offs that roiled overseas markets on Monday. And those sharp declines in Europe and Asia were cited by Fed watchers as a central concern that moved the Fed to engineer an unprecedented emergency rate cut only one week before their formal meeting.

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