Sunday, Oct 19, 2008
Crazy Numbers
BBC: Troubled French bank set to meet
France's Caisse d'Epargne, which lost millions of euros in a trading incident, is meeting to decide the future of its management, reports say.
On Friday it was revealed that the savings bank lost 600m euros (£466m).
Posted by flintster1994 @ 04:57 PM (338 views) Add Comment
2 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. flintster1994 said...
Lost some cash in a TRADING INCIDENT. Why can't they just say we lost our gamble!
Not relevent to this article but NEGATIVE GROWTH. What the f#ck? What is negative growth? Correct, an oxymoron!
Also H Kerviel lost e490 billion! I thought it was e4.9 billion!
Have you noticed how these massive numbers are just banded about willy nilly now? £100 to £200 million for this $50 to $500 billion for that. Next time you see these quotes, just try and think how vastly different the sums quoted are. It's as if they think that the public won't question these sums anymore. They just can't relate to them. All they have to do is keep the numbers beyond comprehension!
Sorry rant over.
I do feel a wee bit better now!
2. nooneo said...
I bet they lost a load of money because they are running WINDOWS VISTA.
Grrrrrrrrrrr !