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Comments on ‘Regulators probe SocGen over rogue trader scandal’

Will the SEC get in on the act?

Published Thursday 7th February 2008 21:58 GMT

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New hearing on Friday... 

By daniel
Posted Thursday 7th February 2008 22:21 GMT
Flame

One magistrate want's him inside during the investigation, and he should be going in front of the beak tomorrow...

Probably will not go anywhere as he has answered all questions and requests... plus the fact that in loosing 4 odd billion euros, he actually had engaged over 50 billion euros... and I do have a problem with the bank not knowing where enough cash to purchase several medium sized african nations was...

In France, the papers are reporting that the bank's position was "do what you like, legit or not as long as it makes cash. But don't get caught".

Alone 

By Spleen
Posted Friday 8th February 2008 11:44 GMT

"Kerviel appears to have acted alone in sinking his employers into a huge hole."

I don't know anyone who still believes this, and haven't since about two days since the story broke. I understand that journalists don't have the freedom we do to call nonsense nonsense without proof, but in sentences like "dropped in a hole by rogue derivatives trader Jérôme Kerviel", a "supposedly" here and there wouldn't go amiss.

Scapegoat 

By Ishkandar
Posted Friday 8th February 2008 22:52 GMT

They are trying to make a scapegoat out of him and he isn't having any of it. I think, from all reports, if he goes down, he intends to take everyone else down with him.

BTW, rumours of overbooked Air France first class seats on flights to obscure countries/destinations are greatly exaggerated !! Many will be slumming it in business class !!

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