Monday, January 28, 2008
Show Me the Money
Guess where we bank in France? Yep, that's right: Societe Generale, the bank that has reportedly lost over $7 billion at the hands of a single employee conducting fictitious trades. Our debit cards are still working, and at least we don't own any stock which at this point is worth less than half than its value a week ago. Guess that greed is a universal phenomenon.