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Societe Generale Latest To Go To Court In Libyan Sovereign Wealth Fund Bribery Case

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Mark Melin
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It’s hard to tell who laughed the most when news broke that yet another major bank is being sued by the Libyan sovereign wealth fund. After all, a case involving a Goldman Sachs derivatives salesperson who told a Libyan finance official to “get divorced from your wife for a weekend” as he entertained his client was fodder enough for all watching. Now more news hits the tape as a bribery case involving Societe Generale is moving forward to trial.

Societe Generale Latest To Go To Court In Libyan Sovereign Wealth Fund Bribery Case

Libyan sovereign wealth fund claims $58.5 million in payments...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.