SocGen rogue trader Kerviel launches final appeal

Comments (1)
paintcan wrote:

Knowing now the dirty dealings that were doing on this side of the Atlantic it is hard to accept the French Court’s verdicts and SocGen’s claims.

His “crime” is that his bets didn’t pay off. Had they worked his superiors would all be eager to take credit for their bold investment strategy.

Around the time this case first exploded, I did a little searching and fund that SocGen had been involved in a money laundering scandal originating in Israel that resulted in charges against 130 of their employees and the conviction of 80 to that date.

Their reputation had already been damaged.

How’s this guy going to make a living at all after prison?

Oct 26, 2012 11:30am EDT  --  Report as abuse
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