Tag Archives: samsung-group


French Trader Detained After Losing $1 Billion

November 3, 2008 : Permalink

New York (HedgeCo.Net) – French officials have arrested a trader who allegedly lost more than $1 billion in complex derivative trades.  Boris Picano-Nacci of mutual bank Caisse d’Epargne was taken in for questioning last week, days after the loss forced […]

Ex-Samsung chief handed 3-year suspended jail term

July 16, 2008 : Permalink

Reuters- Former Samsung Group chief Lee Kun-hee, one of South Korea‘s most powerful businessmen, was handed a 3-year suspended jail sentence on Wednesday for tax evasion, but was cleared of other charges. The court also fined Lee 110 billion won […]