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Business, 25.03.2020 21:51 Greekfreak

Societe Generale, France’s second largest banking establishment, had long had a reputation for having poor internal controls. It is no wonder that a relatively inexperienced trader was able to take advantage of the bank’s system of weak internal controls to exceed his trading limit and cause the bank to lose more than €4.9 billion.
a) true
b) false

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