France's €4.9bn rogue trader gets IT job
Must be good with numbers...
French rogue trader Jerome Kerviel, who cost Société Générale €4.9bn (£3.8bn), has got himself a new job as a computer consultant.
Kerviel was released on bail in mid-March and joined the consultancy in April. Kerviel originally worked in the bank's back office before becoming a trader.
His spokesman told AP: "Jerome is a young man who wants to work, and doesn't want to remain inactive living on unemployment insurance — or whatever." Kerviel is working for LCA consultancy in the Paris suburb of Levallois.
The judge in his case changed the conditions of his bail so he could take the post - he still faces possible charges relating to Société Générale's losses. He is still barred from entering any trading room.
SocGen lost serious credibility as a result of the loss - it was forced into a rights issue to cover the hole in its accounts.
It is also seen as a possible takeover target with both Barclays or Italy's Unicredit named as possible bidders. ®
Sir, you are sooo behind the times. Swiss, or even Liechtenstein, bank accounts are no longer secret !! Try the Cayman Islands or Curacao (ex-Dutch Antilles) !!
@Pyros - Weren't you guys supposed to be "Rebs", not "Yanks" ?? Not that I know much about that place except for the fact that Ol' "Hickory" Jackson fought off the Brits in the Battle of New Orleans and that the Congreve rockets were used for the first time in anger, which led to that line in your National Anthem about the "rockets' red glare" (Hollywood and Major Richard Sharpe notwithstanding) !! Or have I got that wrong ??
@Graham Wood - At the risk of being pedantic, Chris Colombo "discovered" Hispaniola !! It was Amerigo Vespucci who "discovered" America, hence that stupid name !! Who cares about a bunch of inconvenient natives running around that place !!
I wonder what would have happened if it was Pizzaro who "discovered" that place first ?? Would it now be called Pizzaria ?? And, God forbid, that is should be Ponce de Leon who was there first !! The innuendos will be endless !!
Agree with most of the sentiment, but really - get a grip.
"And lest we should forget, if it wasn't for Europe, the USA would not exist. get over it."
Do you reckon that Mr Columbus built it, rather than finding it with lots of people already there?
Can you direct your Yank-bashing more to the north? Many of us in Florida already get lumped in with the rednecks and old geezers--we're mostly sensible (aside from Jeb Bush,) and still think the Conch Republic was great idea, in general.
You may continue with the taunting in their general direction, please. :)