More than the usual host of smokers occupied the front of Société Générale offices in Paris on Wednesday, presumably meaning that more than a few of them knew what came next. The bank's equity derivatives trading desk appeared to be doing business as normal, while unwinding the billions of euros of trades completed by Jérome Kerviel. In short, the SG office was relatively peaceful and showed no real sense of alarm. Considering the scale of the money that has just been lost, what does this mean?