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Soc Gen Chair to Bail in a Week 

Apr 29, 2009By

Daniel Bouton, Chairman of the Board of Directors of French investment bank Société Générale is stepping down on May 6. The Board will elect a new Chairman at its meeting on that same day. Bouton chaired the bank for ten years, posting large profits and growth during much of that time. Recently, his tenure became overshadowed by the Kerviel fraud.

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