French Bank Rocked by Rogue Trader

For some people money is less about food, clothing, and housing and more abut game play. For them money is really Monopoly Money. At what point does the amount become meaningless, 500 million, 1 billion, 2 billion,..?

French Bank Rocked by Rogue Trader
Société Générale Blames
$7.2 Billion in Losses
On a Quiet 31-Year-Old

In one of the banking world’s most unsettling recent disclosures, France’s Société Générale SA said Mr. Kerviel had cost the bank €4.9 billion, equal to $7.2 billion, by making huge unauthorized trades that he hid for months by hacking into computers. The combined trading positions he built up over recent months, say people close to the situation, totaled some €50 billion, or $73 billion.
The Wall Street Journal

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