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Rogue French banker to pay back $5 billion 5, October 2010

Posted by thegulfblog.com in French IR.
Tags: , , , ,

Jérôme Kerviel, the rogue French trader who nearly brought down France’s Société Générale bank, has been ordered to pay $5 billion in damages in addition to going to jail for three years.

At his current salary (which I doubt he’ll return to after jail) it would take him roughly 170,000 years.


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