Kerviel Haunts Credit Agricole, HSBC and Toronto-Dominion Too

Posted on February 13, 2008 by Stark & Stark
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Bill Singer, Shareholder and member of Stark & Stark's Securities group, was quoted in the article Kerviel Haunts Credit Agricole, HSBC and Toronto-Dominion Too on Bloomberg.com.

Mr. Singer was interviewed for the article and credits the recent $7.1 billion loss incurred by a Societe Generale trader through his fraudulent trading practices to an inexperience in young traders who don't always know that it's often better to take a short loss than to try to trade their way out .

You can read the full article here.
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