Friday, January 25, 2008

le Rogue Trader


Jérôme Kervie...The fugitive trader behind the biggest fraud investigation in banking history is a 31-year old Frenchman called Jerome Kerviel.
Mr Kerviel worked in Paris in SocGen's Delta One products team, which includes programme trading, ETFs, swaps, index and quantitative trading. He could not be reached for comment.
Earning a comparatively modest £75,000-a-year, Kerviel was today alleged to have carried out a $7.3 billion banking fraud. He accepted me as a friend on facebook!
Read the rest at:
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/01/24/bcnsocgen924.xml

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