Rogue trader Kerviel fooled me, says ex-boss
Former Societe Generale trader Jerome Kerviel used convincing lies to mask his risky, unauthorised bets, an ex-boss has told a Paris court. The 33-year-old Kerviel, whom SocGen blamed for a €4.9bn ($6.07bn) trading loss in 2008, made bets without bosses knowing, former supervisor Eric Cordelle added. “Jerome was always able to come up with reasons, […]