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/ 24 January 2008
The admission by French bank Société Générale on Thursday that a single trader had defrauded it of €4,9-billion ($7,15-billion) is just the latest example of how a rogue operator can blow a huge chunk of a company’s assets sky high. What rogue bankers have in common is that they are experts in making money.
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/ 13 September 2007
Prime Minister Bertie Ahern, who admits receiving a string of cash payments from businessmen, denied doing anything wrong when he began testifying on Thursday to an anti-corruption judge probing his foggy financial past. At stake are the reputation and legacy of Ahern, Ireland’s popular leader since 1997.