Thursday, February 14, 2008

Kerviel's losses said to be $3.2 billion in June 2007 (Reuters)



The headquarters of French bank Societe Generale in La Defense, west of Paris. Rogue trader Jerome Kerviel's lawyer filed a high court appeal Wednesday to seek his release from French custody, a judicial official said, as he appeared again before judges investigating the case.(AFP/File/Jean Ayissi)Reuters - Jerome Kerviel, the trader blamed by
Societe Generale for heavy losses, had a trading deficit of 2.2
billion euros ($3.2 billion) as early as June last year, an
adviser to his lawyer told Paris Match.




No comments: