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Legal News

: International and UK Law

SocGen trader Kerviel will not be made 'scapegoat'

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Jérôme Kerviel, the Société Générale trader who lost almost €5 billion (£3.75 billion), has accused the bank of making him a scapegoat as it emerged he used an 18th century French gambling strategy that resulted in the catastrophic loss.

Full post as published by International and UK Law on February 06, 2008 (boomark / email).

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