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DATA news (Free subscription) | yesterday
Lawyers for Jérôme Kerviel say other traders at the bank were involved in unauthorized deals and assert that the practices were tolerated as long as they were profitable.
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DealBreaker (Free subscription) | 07/24/2008
The attorney for the alleged rogue trader Jerome Kerviel has decided to go on the offense, highlighting the lack of internal controls at Kerviel's employer SocGen. Yesterday Kerveil made his first court appearance in months. After the hearing his lawyer told reporters that his defense would be built upon the decision in July by France's Banking Commission to fine SocGen 4 million euros for breaches...
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International Herald Tribune (Free subscription) | 07/24/2008
Lawyers for Jérôme Kerviel say other traders at the bank were involved in unauthorized deals and assert that the practices were tolerated as long as they were profitable.
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OTB News (Free subscription) | 07/23/2008
Lawyers for Jérôme Kerviel say other traders at the bank were involved in unauthorized deals and assert that the practices were tolerated as long as they were profitable.
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New York Times (Free subscription) | 07/23/2008
Lawyers for Jérôme Kerviel say other traders at the bank were involved in unauthorized deals and assert that the practices were tolerated as long as they were profitable.
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International Herald Tribune (Free subscription) | 07/23/2008
The new lawyers for Jérôme Kerviel, the former trader whose hidden bets cost the French bank Société Générale nearly €5 billion, told a judge Wednesday that he was not the only one engaged in such unauthorized trading.
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DealBook (Free subscription) | 07/21/2008
Jérôme Kerviel, the banker blamed for the world’s worst rogue trading scandal, has changed his legal team to focus on a more “aggressive” defense strategy, a spokeswoman for Mr. Kerviel told Reuters. “The new team’s strategy is to go more on the offensive,” Patricia Chapelotte, who is Kerviel’s new public relations adviser, told the news service. The [...]
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Reuters UK (Free subscription) | 07/19/2008
PARIS (Reuters) - Jerome Kerviel, the banker blamed for the world's worst rogue trading scandal, has changed his legal team to focus on a more "aggressive" defence strategy, a spokeswoman for Kerviel said on Saturday.
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Reuters (Free subscription) | 07/19/2008
PARIS (Reuters) - Jerome Kerviel, the banker blamed for the world's worst rogue trading scandal, has changed his legal team to focus on a more "aggressive" defense strategy, a spokeswoman for Kerviel said on Saturday.
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The Earth Times Online Newspaper (Free subscription) | 07/19/2008
PARIS (Reuters) - Jerome Kerviel, the banker blamed for the world's worst rogue trading scandal, has changed his legal team to focus on a more aggressive defense strategy, a spokeswoman for Kerviel said on Saturday.
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Capital Chronicle (Free subscription) | 07/15/2008
Livres Hebdo (sub required) have announced the release for 8 September of: Sample extracts: "Tomorrow I’ll take it easy. I’ll place 200 million on a Death Index tracker backed by either a future, a warrant or maybe an interest rate swap. It all depends on how my concierge greets me in the morning. If he says “Not at all hot for summer”, I’ll buy the upside on the DAX. Otherwise I’ll bet on a drop."...
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Peter O'Kelly's Reality Check (Free subscription) | 07/08/2008
Sign of the times Autonomy Corporation , the software company whose products helped uncover the actions of Jérome Kerviel, the rogue trader at Société Générale , has been buoyed by growing demand for software that archives sensitive corporate data. [...] At the start of this year, Autonomy software at SocGen discovered inconsistencies in the trading records of Mr Kerviel, the rogue trader who cost...
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International Herald Tribune (Free subscription) | 07/04/2008
The French Banking Commission also reprimanded the bank for poor supervision that led to the unauthorized trades by Jérôme Kerviel, the former Socitété Générale trader blamed for the losses earlier this year.
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France24 (Free subscription) | 07/04/2008
France's bank Societe Generale was found guilty of "grave deficiencies" in its internal controls that enabled trader Jerome Kerviel to carry out one of the biggest rogue trade scandals in history. The bank was fined four million euros.