–Jerome Kerviel Has New Job
(April 25 & 28, 2008)
Jerome Kerviel, the former Societe Generale trader whose alleged surreptitious activity caused the bank losses of 4.9 billion Euros (US
$7.6 billion), has found a new job.
Kerviel was hired last month as a computer consultant by the French firm Lemaire Consultants & Associates.
He is permitted to have the job because the judge in his case changed the terms of his provisional release from prison. He spent five weeks in custody and was released on bail on March 18. Kerviel may not be near any place where financial trading occurs. He is facing charges of breach of trust, forgery, and unauthorized computer activity. He could be sentenced to as many as three years in prison and fined 370,000 Euros
(US $572,260).
http://www.guardian.co.uk/business/2008/apr/25/kerviel.job?gusrc=rss&feed=networkfront http://www.nytimes.com/2008/04/26/business/worldbusiness/26socgen.html?_r=1&scp=1&sq=kerviel&st=nyt&oref=slogin
(((I'd surmise they're hiring this guy because of his seven billion dollars worth of free publicity, and he hasn't been proven guilty of anything yet, but gee whiz, people, this guy gambled off more money in a few months of wild peculation than anybody else in the history of the Earth.
What do they say to him in the morning? "Hi Jerome, would you sign my T-shirt"?)))
