The Harrisburg Authority and Societe Generale SWAPs: $14.5 Million in termination fees.

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A look into financial contracts the Harrisburg Authority entered into with the French bank Societe Generale in 1999 and 2002.

The Authority paid Societe Generale a net amount of $14,502,000 to cancel the original 1999 contract and a SWAP originated in 2003.

Photo by Natalie Cake

 
Tags: Forensic Audit Report, Societe Generale, SWAP, THA, The Harrisburg Authority