Posted at 8:10 AM on January 25, 2008
by Julia Schrenkler
The Societe Generale can't catch a break. The French bank lost billions to fraud (Marketplace) and according to the report, it has to raise 8 billion in emergency capital. Any thoughts on the financial butterfly effect of this? Join the online discussion with your take on how this affects the global market or even your local economy.
Something tells me this heist won't charm people in the same way the Albert Spaggiari heist in 1976 did.