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Jerome Kerviel

This Man Is In More Debt Than Anyone In The World

The Huffington Post | Ryan Grenoble | Posted 11.05.2012 | Money

In a hyper-competitive world where everyone strives to be the biggest, boldest and most famous, no one covets Jerome Kerviel record-breaking achieveme...

10 Bankers Thrown Behind Bars

Posted 10.24.2012 | Business

Ex-Goldman director Rajat Gupta is going to jail for two years for insider trading, where he'll be joining some of his former peers. There’s the...

'Rogue Trader' Gets Prison, $7 BILLION Fine

AP | ELAINE GANLEY | Posted 12.24.2012 | Business

PARIS — A former junior trader for France's second-largest bank who was ordered Wednesday to pay back a staggering (EURO)4.9 billion (about $7 b...

Blame it on Hormones: Men are the Cause of Today's Problems

Dr. Sasha Galbraith | Posted 08.11.2012 | Business
Dr. Sasha Galbraith

What if Facebook's all-male Board of Directors had chosen a female investment banker to head up their ill-fated IPO? What if the "London Whale" or his male boss had been a woman? What if Enron's bad boys had been girls?

French Trader Sues Bank He Allegedly Cheated For Billions

Reuters | Posted 06.27.2012 | Business

* Lawyer alleges manipulation of taped interview of Kerviel * Says 6 out of 12 hours of total interview time were cut * ...

The Strategy Of Rogue Traders

Jared Dillian | Posted 11.20.2011 | Books
Jared Dillian

I was an ETF trader at Lehman Brothers, so I had the same job as Kweku Adoboli, the UBS trader arrested recently for concealing $2 billion in losses. And I gotta tell you: it is hard to go rogue in the electronic age.

Rogue French Trader Gets $6.7 BILLION Fine, Jail Time

AP | GREG KELLER | Posted 05.25.2011 | Business

PARIS — Ex-trader Jerome Kerviel was convicted on all counts Tuesday in history's biggest rogue trading scandal, sentenced to at least three yea...

Convicted Rogue Trader Says He's Paying For His Bank's Mistakes

AP | Posted 05.25.2011 | Business

PARIS — Ex-trader Jerome Kerviel, speaking for the first time Wednesday about his tough sentencing in history's biggest rogue trading scandal, i...

France's Gordon Gecko Likely Off to Prison

Robert Weller | Posted 05.25.2011 | Business
Robert Weller

The Gordon-Gecko-of-France's sentence was pathetically short compared to the 20 years the fictional character played by Michael Douglas was ordered to serve.

AIG Not Required To Pay For Fake Madoff Profits, Judge Rules

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Fake Madoff profits, it turns out, are not covered by AIG insurance policies. AIG does not need to compensate two former Bernard Madoff clients who...

French Rogue Trader's Trial Begins

AP | ANGELA DOLAND | Posted 05.25.2011 | Business

PARIS — Jerome Kerviel says he's living the simple life these days. The former French trader accused of gambling away billions of his bank's mon...

Jerome Kerviel, Alleged Rogue Trader, Got "Orgasmic Pleasure" From Playing The Market

The Independent | John Lichfield | Posted 05.25.2011 | World

The five billion euros man, Jérôme Kerviel, stepped involuntarily out of the shadows yesterday, 12 months after he became the most talked about, and...

Jerome Kerviel, Societe General Scammer: I Lost My Sense Of Reality

AP | PIERRE ANTOINE SOUCHARD | Posted 05.25.2011 | Business

PARIS — French judges questioned former Societe Generale trader Jerome Kerviel and his former boss Thursday in possibly his last hearing in the ...

Court Frees Jailed SocGen Trader

AP | INGRID ROUSSEAU | Posted 05.25.2011 | Business

PARIS — A French court Tuesday ordered the release of a Societe Generale trader accused of causing billions in losses through rogue trades. Jer...

Who the $*ck is Jerome Kerviel?

Eben Esterhuizen | Posted 05.25.2011 | Business
Eben Esterhuizen

There is no doubt that the unwinding of Kerviel's positions contributed in a big way to Monday's dramatic slump in world stock markets.

Another SocGen Trader Taken Into Custody

AP | EMMA VANDORE | Posted 05.25.2011 | Business

PARIS — Investigators searched Societe Generale offices, confiscating records and taking another trader into custody Wednesday as they tried to ...

French Court Places Trader in Detention

AP | PIERRE-ANTOINE SOUCHARD | Posted 05.25.2011 | Business

PARIS — A Paris court sent French trader Jerome Kerviel behind bars Friday, while the investigation into billions of euros (dollars) of losses h...

French Court Places Trader in Detention

AP | PIERRE-ANTOINE SOUCHARD | Posted 05.25.2011 | Business

PARIS — A Paris court sent French trader Jerome Kerviel behind bars Friday, while the investigation into billions of euros (dollars) of losses h...

Traders' High: How Wall Street Gets Carried Away

New York Times | Jenny Anderson | Posted 05.25.2011 | Business

It is easy to dismiss Jérôme Kerviel, the rogue trader at Société Générale, as a fluke. So here is a sobering thought for Wall Street: There ma...

Societe Generale Was Blind To Warnings

Wall Street Journal | DAVID GAUTHIER-VILLARS and CARRICK MOLLENKAMP | Posted 05.25.2011 | Business

Société Générale's account of how a rogue trader triggered billions of dollars in losses is coming under strain, as it emerges that his risky trad...

SocGen Seeks Scrapegoat For $7.1 Billion Scandal

New York Times | | Posted 05.25.2011 | Business

Senior politicians here increased calls for the resignation of top executives at Société Générale, ahead of the board's regular meeting, scheduled...

Societe Generale's Sales May Have Incited Market Plunge

New York Times | NELSON D. SCHWARTZ and NICOLA CLARK | Posted 05.25.2011 | Business

As panic swept European markets on Monday, word spread that a big hedge fund was in trouble and dumping stocks. Someone was selling, all right -- Soc...

Hometown Boys: Tiny French Ville Drawn Into Scandal

Wall Street Journal | JOHN W. MILLER | Posted 05.25.2011 | Business

Alleged rogue trader Jérôme Kerviel and his older brother grew up on a quiet cul-de-sac near rocky potato fields. Their mother cut hair in a low-ren...

Rogue Trader Held in French Bank Scandal

AP | PIERRE-ANTOINE SOUCHARD | Posted 05.25.2011 | Business

PARIS — Police on Saturday questioned the young trader blamed for a massive fraud that cost France's Societe Generale bank more than $7 billion,...

New Details Emerge About Massive Bank Fraud

New York Times | Nicola Clark | Posted 05.25.2011 | Business

The French bank Société Générale, facing persistent questions over how one junior trader could have caused more than $7 billion in losses, acknowl...