tag:blogger.com,1999:blog-5880610.post663278985429073751..comments2024-01-13T18:57:18.243-05:00Comments on Information Processing: L'Affaire Kerviel and a rogues' gallery of rogue tradersSteve Hsuhttp://www.blogger.com/profile/02428333897272913660noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5880610.post-78941990247453921302008-01-28T09:33:00.000-05:002008-01-28T09:33:00.000-05:00The whole story sounds fishy to me. Why would som...The whole story sounds fishy to me. Why would someone go to all the trouble of creating false transactions, etc. if there were no profit motive in it? I suspect that someone else was going on (perhaps subprime CDO related losses) and rather than admit that, the bank found a handy scapegoat.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-24674980479074145622008-01-25T13:38:00.000-05:002008-01-25T13:38:00.000-05:00Thanks,db: you made my day.The tell-tale phrase "I...Thanks,db: you made my day.<BR/>The tell-tale phrase "In France we considered Société Générale a magic bank, Ms. Geman said"<BR/>should have been a sufficient warning...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-19773238164534071522008-01-25T13:11:00.000-05:002008-01-25T13:11:00.000-05:00Friends of rogue trader Jerome Kerviel last night ...Friends of rogue trader Jerome Kerviel last night blamed his $7 billion losses on unbearable levels of stress brought on by a punishing 30 hour week.<BR/><BR/>Kerviel was known to start work as early as nine in the morning and still be at his desk at five or even five-thirty, often with just an hour and a half for lunch.<BR/><BR/>One colleague said: "He was, how you say, une workaholique. I have Anonymousnoreply@blogger.com