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Société tu m'auras pas
"Société tu m'auras pas" interprété par Renaud Séchan
Length: 151
Rating: 4.80 (94 ratings)
Tags: Renaud Société tu m'auras pas
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ASSASSIN "ESCLAVE DE VOTRE SOCIETE"
Premier vidéoclip d'ASSASSIN, groupe de rap historique du 18ème arrdt de Paris ( Les Abesses ).
Cette vidéo symbolise la grande époque du hip hop français, lorsque les crews avaient de vrais lyrics et dévelloppaient des points de vue novateurs et critiques de nôtre société, grâce à des groupes comme SUPREME NTM, ASSASSIN & IAM.
$$$ THIS TRACK IS A CLASSIC SHIT $$$
www.marseillecity.com
Length: 227
Rating: 4.90 (156 ratings)
Tags: assassin rockin squat solo dj clyde esclave hip hop french france rapline M6 artistreet namor aliman al iman staff rap
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LE DANGER
L'insécurité dans la société
Length: 148
Rating: 4.50 (2 ratings)
Tags: MADAH AMAZONE
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Societe generale - coup de bite
une petite parodie de la pub pour la societe generale
Length: 61
Rating: 4.70 (26 ratings)
Tags: generale societe parodie bite
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Jerome Kerviel Crushes Bank Societe Generale (Part8)
http://st0ckman.blogspot.com
Jan. 29 (Bloomberg) -- French President Nicolas Sarkozy said senior executives at Societe Generale SA should face ``consequences'' for the record loss that resulted from unauthorized trading at the bank.
Sarkozy, 53, told reporters after a speech near Paris late yesterday that a share of the blame should be shouldered by the bank's top managers, who include Chairman Daniel Bouton and Vice Chairman Philippe Citerne.
``When someone is very highly paid, even when it's probably justified, you can't avoid responsibility when there's a major problem,'' Sarkozy said, in response to a question about Bouton.
Societe Generale executives are a new target for government officials, who have criticized Bank of France Governor Christian Noyer for failing to inform them sooner of the trading debacle. Bank employee Jerome Kerviel was charged yesterday with falsifying documents, computer hacking and breach of trust by French judges.
Kerviel's unauthorized bets led to 4.9 billion euros ($7.2 billion) in trading losses, the biggest in banking history. Societe Generale, France's third-largest bank, said Kerviel amassed 50 billion euros in positions in European stock index futures, an amount that exceeded the company's market value.
Kerviel, 31, admitted to hacking into computers and faking e-mails to hide trades since 2005, Prosecutor Jean-Claude Marin said at a press conference yesterday. Kerviel was released yesterday after being charged.
`Good Man'
``He's not a robber, he's a good man,'' said Christian Charriere-Bournazel, a lawyer for Kerviel. ``The fault was with Mr. Bouton. It was he who decided to unwind these positions.''
When it disclosed the losses on Jan. 24, the Paris-based bank said directors refused an offer by Bouton, 57, to resign after the trades were discovered. Bouton said yesterday on Europe 1 radio that his resignation ``is still on the table and the board can act on it whenever it chooses.''
A Societe Generale spokesman wasn't available to comment on Sarkozy's remarks.
``Daniel Bouton has no choice but to resign,'' Jean Arthuis, former finance minister and head of the French Senate commission on finance, said on France Inter radio today.
Bouton's compensation in 2006 totaled 3.4 million euros, including a salary of 1.25 million euros and bonus of 2.18 million euros, according to the company's annual report. Citerne took home a base salary of 750,000 euros and a bonus of 1.3 million euros. Kerviel earned about 100,000 euros, according to the bank.
Seeking an Explanation
Bouton and Citerne, who have been chairman and vice chairman since 1997, said they won't receive bonuses or stock options for 2007 and will forgo salaries for the first half of this year.
Societe Generale rose the most in five years in Paris trading on speculation the bank may become a takeover target. The stock gained 7.4 euros, or 10 percent, to 78.45 euros, leaving declines this year at 21 percent.
Bouton, an ex-government official and budget director, and Noyer, a career-long public servant, should expect to face more pressure from Sarkozy, particularly if the trading scandal hurts his approval ratings, said Jean-Marc Lech, co-chairman of Paris- based polling firm Ipsos SA.
``Bouton is a former cabinet member, Noyer has been around politics for most of his career,'' Lech said in an interview.
Prime Minister Francois Fillon has ordered an investigation to ``explain how this happened.'' Finance Minister Christine Lagarde said the report she's preparing for Fillon will focus on why the bank's internal checks failed and whether financial companies should be forced to impose more controls.
Lagarde said today on LCI television that she wants Noyer to explain why he waited three days before informing her that Societe Generale was the victim of a trading fraud.
``Everyone must consider their own responsibility,'' Sarkozy said. ``When there is an event of this nature, it cannot remain without consequences.''
To contact the reporter on this story: James Hertling in Paris at
Length: 216
Rating: 4.80 (4 ratings)
Tags: Jerome kerviel rogue trader Societe Generale nick leeson pre market movers stock trading society general fraud take ove
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Une société japonaise invente une voiture alimentée à l'eau
INTRODUCTION:
Fatigué de remplir votre voiture de gazoline chère? Eh bien une compagnie japonaise a dévoilé une voiture écologique qui roule à l'eau, faisant usage du système de génération de la compagnie qui convertit l'eau en pouvoir électrique, possiblement une première mondiale.
NOUVELLE:
On dit que tout ce dont vous avez besoin est un litre d'eau, n'importe quel type d'eau, qu'elle provienne de la rivière, de la pluie, de la mer ou même du thé japonais.
Genepax a dévoilé une voiture roulant à l'eau dans la ville d'Osaka, dans l'ouest du Japon. Elle affirme qu'il s'agit d'une voiture électrique alimentée seulement en dioxyde d'hydrogène.
[Kiyoshi Hirasawa, PDG Genepax]:
«La caractéristique principale de cette voiture est qu'aucune alimentation externe n'est requise. La voiture continuera à rouler tout aussi longtemps que vous avez une bouteille d'eau à l'intérieur de la voiture et que vous remplissiez cette bouteille de temps en temps.»
Selon le réseau japonais TV Tokyo, une fois l'eau versée dans une cuve à l'arrière de la voiture, le générateur énergétique nouvellement inventé retire l'hydrogène de l'eau, relâche les électrons et finalement génère du pouvoir électrique.
[Kiyoshi Hirasawa, PDG Genepax]:
«Nous recommandons fortement notre système puisqu'il ne requiert pas que vous construisiez une infrastructure pour recharger vos batteries, ce qui est le case pour la plupart des voitures électriques.»
Selon Genepax, un litre d'eau maintient la voiture en marche pour environ une heure à une vitesse de 80 km/h, 50 miles/h.
La compagnie vient tout juste de faire une demande de brevetage et espère collaborer avec les fabricants automobiles japonais pour fabriquer en masse leur invention dans un proche avenir.
Length: 104
Rating: 3.80 (4 ratings)
Tags: société japonaise invente une voiture alimentée l'eau NTDTV réalité? future
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Jerome Kerviel Crushes Bank Societe Generale (Part4)
http://st0ckman.blogspot.com
http://st0ckman.blogspot.com/search/label/%24t0ckman%27s%20Pre-Market
this will cost cost the group 4.9 billion euros ($7.16 billion) and announced plans to raise 5.5 billion euros through a capital increase to shore up its balance sheet, also reeling from a crisis in global credit markets.
The fraud disclosure brought back memories of Nick Leeson, the British trader who in 1995 brought down blue-blooded merchant bank Barings after racking up huge losses.
SocGen said it was in the process of dismissing the Paris-based trader, who it did not name, and added that the trader's managers would leave the company.
It added that its board had rejected an offer by Chairman and Chief Executive Daniel Bouton to resign.
SocGen shares were suspended.
The Bank of France announced an inquiry by the Banking Commission and said no further comment was necessary after Societe Generale took steps to strengthen its balance sheet.
French Economy Minister Christine Lagarde will make a statement during the day on the issue, her office said.
"The most serious thing is that this puts into doubt the risk management systems at some banks," said Fortis analyst Carlos Garcia.
A source at SocGen said the trader was "not one of its stars" and was relatively young. SocGen said the trader had been handling plain vanilla futures contracts on European stock market indices, betting on broad share market movements.
It was not immediately clear what role French police were taking in the investigation. The French prosecutor's office was not available for comment.
FURTHER WRITEDOWNS AT SOCGEN
Analysts said the episode would have a major impact on the reputation of SocGen, which was founded in 1864 and is one of France's most prestigious blue-chip companies. Jerome Kerviel on the run!
Length: 136
Rating: 4.00 (6 ratings)
Tags: Jerome kerviel rogue trader Societe Generale nick leeson pre market movers stock trading day trade swing
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