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Kerviel
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October 06, 2010Ex-French Trader Must Pay $6.7 Billion For FraudPosted by Zsolt FazakasFormer Societe Generale SA trader Jerome Kerviel was convicted on all counts Tuesday in one of history's biggest trading frauds, sentenced to three years in jail and ordered to pay the bank a mind-numbing euro4.9 billion ($6.7 billion) in damages. The ruling marked a huge victory for Societe General [...] Rating: ![]() ![]() Rate up / Rate down |
October 06, 2010$6.7 Billion For Fraud SentenceSend by Pittsburgh Post GazettePARIS -- Ex-trader Jerome Kerviel was convicted on all counts Tuesday in history's biggest rogue trading scandal, sentenced to at least three years in [...] Rating: ![]() ![]() ![]() ![]() ![]() Rate up / Rate down |
October 04, 2010SocGen Writes Off Kerviel As A Footnote In History - Times OnlinePosted by Zsolt Fazakas15 Jun 2010 [...] The rogue trader who cost Socit Gnrale almost 5 billion was dismissed as an historical footnote today by executives seeking to draw a [...] Rating: No stars. Rate up / Rate down |
October 05, 2010French Rogue Trader Kerviel Jailed, Fined BillionsSend by news.yahoo.comA Paris court on Tuesday sentenced rogue trader Jerome Kerviel to three years in jail and ordered the 33-year-old to pay back the five billion euros that his market gambles cost Societe Generale bank. [...] Rating: ![]() ![]() ![]() Rate up / Rate down |
October 06, 2010Kerviel Owes SocGen $6.8B - The Check Is In The MailPosted by Zsolt FazakasFormer Societe Generale trader Jerome Kerviel was sentenced to three years in jail by a Paris court on Tuesday for his role in a trading scandal and ordered to pay the French bank 4.9 billion euros ($6.8 billion). They must think he is the Treasury and able to print dollars - strike that, Euros! [...] Rating: ![]() Rate up / Rate down |
October 04, 2010Airgas, Kerviel, Bob Vila, Microsoft, Motorola, Cogent, Sony In ...Posted by Zsolt FazakasAirgas, Kerviel, Bob Vila, Microsoft, Motorola, Cogent, Sony in Court News Bloomberg Bob Vila, former host of the This Old House home- improvement show, can dissolve a company that holds rights to his name and image, a Delaware judge [...] Rating: ![]() ![]() ![]() ![]() ![]() Rate up / Rate down |
October 05, 2010Kerviel Sentenced To Jail Over SocGen Scandal HousingWireSend by JASON PHILYAWFormer Societe Generale employee Jerome Kerviel has been handed a five-year jail sentence and ordered to repay the entire 4.9 billion euros ($6.7 billion) that the bank lost following his unauthorized trades, according to media reports. [...] Rating: ![]() ![]() ![]() Rate up / Rate down |
October 05, 2010Rogue Trader Jerome Kerviel Gets Five Years | New Age ProductionSend by ITN Business NewsFormer Societe Generale trader Jerome Kerviel has been given five years over a trading scandal that cost the bank close 4.4 billion.Related StoriesSantander to create 400 call centre jobsBank to offer accounts to prisonersFinancial [...] Rating: ![]() ![]() ![]() Rate up / Rate down |
October 04, 2010SocGen Had Been Warned About KervielPosted by Zsolt FazakasJrme Kerviel's activities had raised red flags within Socit Gnrale months before the trader was charged. The French bank may not survive the blow. [...] Rating: ![]() Rate up / Rate down |
October 04, 2010Kerviel's Verdict To Cast Light On SocGenSend by Financial TimesBy Scheherazade Daneshkhu in Paris Jrme Kerviel, the man who stands accused of one of the world's biggest rogue-trading schemes, will on Tuesday discover [...] Rating: ![]() ![]() Rate up / Rate down |
October 06, 2010Holy Restitution Batman!Posted by Zsolt FazakasBy James Bowden Jrme Kerviel, the rogue trader whose risky bets nearly toppled the French banking giant Socit Gnrale, just received a restitution order that makes your student loans look like a trifle, although Im willing to bet that the interest rate on the restitution order is more favorabl [...] Rating: No stars. Rate up / Rate down |
October 04, 2010Jerome Kerviel Pleads Insanity . . . Banking Culture InsanitySend by Max Keiser and Stacy HerbertWhat product to these people fabricate ? Paper and bullshit. These godamn bastard should go in jail with Milosevic as criminals against humanity. War crimes tribunal would be more pertinent for people like Blankfien and Kerviel. [...] Rating: ![]() ![]() ![]() Rate up / Rate down |
October 06, 2010Roguish BehaviorPosted by Zsolt FazakasTodays ruling against Jrme Kerviel is interesting due to the fact that it sends the message that he and he alone should bear all responsibility for Socit Gnrales crash. But what about the people at the top? Most control frauds usually begin with the CEO of the company. Mr. Kerviel acknowledg [...] Rating: ![]() ![]() ![]() Rate up / Rate down |
October 04, 2010Jerome Kerviel Crushes Bank Societe Generale (Part9)Send by zKerviel had cost the bank 4.9 billion, equal to $7.2 billion, by making huge unauthorized trades that he hid for months by hacking into computers. The combined trading positions he built up over recent months, say people close to the [...] Rating: ![]() ![]() ![]() Rate up / Rate down |
October 07, 2010International News Blog Archive SocGen Claim Excludes 4.9 ...Posted by Zsolt FazakasHaving praised the "moral and financial damage suffered by the outstanding bank and its employees" have been recognized by the sentence pronounced against the trader Jerome Kerviel, the bank comes back "on his jacket." [...] Rating: No stars. Rate up / Rate down |
October 05, 2010Lawyer Of Kerviel Would Appeal A Court Decision | TopNews United ...Send by Dominic HaberAccording to media reports, Kerviel had been handed a five year imprisonment sentence and been directed to repay the full amount of four decimal nine billion euros that the bank incurred as loss when the employee traded without [...] Rating: No stars. Rate up / Rate down |
October 04, 2010The Truth About Forex Money ManagementPosted by Zsolt FazakasForex money management is often talked about however equally often ignored by a abundance of traders names like Nick Leeson and Jerome Kerviel spring to intellect as traders who risked rather more money than was sensible. However what can you do to ensure that your own money management is sensible [...] Rating: ![]() ![]() ![]() ![]() ![]() Rate up / Rate down |