SEM Group Files chapter 11 with USD3.2 bn oil trading loss 2502
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They put it all on red … and it came up black.
http_and_#58;//www.efinancialnews.com/usedition/index/content/2451346236
Possible ‘rogue’ Chief Exec behaviour as well, it would appear.
http_and_#58;//www.guardian.co.uk/business/feedarticle/7670052