Archive for the ‘occupation’ Category

The real game is against Kerviel Button

Saturday, August 21st, 2010

18.15: Final Questions of the President: "There is a bank that claims 5 billion euros. What does that mean to you?" "I am conscious of having gone too far, but things do not happen as simply as this does mean that Societe Generale, defends Jerome Kerviel. "Were you made ...

COR-Lafarge lowers its forecast cement demand

Friday, July 30th, 2010

Lafarge has lowered its forecast for 2010 demand for cement in view of the demand in the second quarter, during which the group's turnover fell 2% as organic. The first cement world now exceed its target of 500 million euros from divestments of non-strategic assets for 2010 and said ...

The euro area has a trade deficit unexpectedly in May

Friday, July 16th, 2010

The euro zone recorded a trade deficit in May, as imports increased more than exports, Eurostat said Friday. The deficit amounted to 3.4 billion euros, with an export growth of 23% yoy surpassed by an increase of 30% of imports. The trade surplus in April was revised to ...

The ECB wants to calm the markets before a key deadline

Tuesday, June 29th, 2010

The European Central Bank (ECB) has sought to reassure financial markets extremely tight Tuesday, ensuring that the banking system would not be disrupted by the arrival this week due to almost 500 billion euro emergency loan. Financial institutions in the euro area will thus have to repay the ECB ...

At trial Kerviel, Daniel Bouton recounts his strange dreams

Tuesday, June 22nd, 2010

5:12 p.m. For 20 minutes this are the lawyers for shareholders who have succeeded at the helm. They ask how Societe Generale could compensate its shareholders. Button, "unfortunately," says he can not do anything because it "is not responsible for everything, and certainly not that." As his doctors told ...