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SocGen execs under fire at AGM

Top chiefs of French bank Société Générale came under fire at the annual shareholder meeting yesterday over how a trader could, for more than two years, hide his positions from the bank's management.

One shareholder said he was in "disbelief" and "angered" when he read the internal reports Friday that sought to explain how a low-level trader could amass nearly €50bn ($78.5bn) in trade positions.

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