SocGen rights issue seen no deterrent to predators
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A deeply discounted $8 billion rights  issue from Societe Generale, seen in part as a bid by the  scandal-hit French bank to remain independent, has not  convinced analysts that it will deter predators.
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France warned foreign banks on  Tuesday not to try to grab control of Societe Generale  , as speculation of a takeover approach by rival BNP  Paribas  drove its shares more than 10 percent higher.
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A senior adviser to French President Nicolas Sarkozy said France remained opposed to any hostile bid for Societe Generale , the French bank hit by a trading scandal.
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PARIS, Nov 10 (IPS) - The fight against money laundering for terrorism is  making little headway, and could be diverting attention from  organised and corporate crime, experts say.
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Sarbanes-Oxley is meant to protect shareholders, right?
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Could Societe Generale's $7.2 billion loss at the hands of a rogue employee have been prevented?
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French President Nicolas  Sarkozy told railway workers on Friday he would not be  blackmailed into withdrawing a reform of their pensions  privileges by strikes and street protests.
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Exchange officials warned Societe Generale about rogue trader Jerome Kerviel's deals late last year, a Paris prosecutor said, piling pressure on the French bank to explain why his trades were not discovered sooner.
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Societe Generale , the French  bank hit by a trading scandal, faced further pressure on Monday  with a government report set to criticize its risk control and  as an unrelated money-laundering trial starts.
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Hezbollah on Tuesday shrugged off French accusations that it was a terrorist group, without threatening to pull out of an all-party conference in France aimed at easing Lebanon&#39;s political crisis.
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The man at the centre of the rogue trader scandal at Societe Generale says he will not be made a "scapegoat".
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French bank Societe Generale faced tough questions on Friday over how it failed to spot the biggest dealing scandal in history in which a lone trader triggered a $7 billion loss under the noses of top executives.
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France warned rival banks on Tuesday not to try to grab control of Societe Generale as it reels from losses blamed on a rogue trader, but shares in the bank spiked higher on takeover speculation.
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Europe's latest shot across Microsoft's bow shouldn't faze investors.
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Proposed changes to EU rules will not punish fishermen who cut off sharks' fins and dump the carcasses, campaigners warn.
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The man at the center of a trading scandal at Societe Generale said that his activities could not have gone undetected by the French bank.
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France appeared on a collision course with the European Union on Thursday after Brussels warned Paris not to interfere with any foreign bids for Societe Generale in the wake of its rogue trading losses.