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The biggest security threat of all.....


From: <rms () computerbytesman com>
Date: Thu, 24 Jan 2008 15:20:57 -0500

No surprise here:  The Insider

Richard

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http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article3242996.ece

Jerome Kerviel named in €5bn bank trading fraud
Jerome Kerviel has been named as the Societe Generale rogue trader who allegedly lost the bank €4.9bn in a huge scandal

The French bank Société Générale stunned financial markets today by revealing that it had been the victim of a near-€5 
billion (£3.7 billion) rogue trading fraud, one of the world's largest and four times the size of the cover-up by Nick 
Leeson, the man who sank Barings.

The bank declined to identify the trader, but he has been named as Jérôme Kerviel, a 31-year-old options trader.

"He is not here and we do not know when he will be back," said a colleague who answered his line at the bank's trading 
room in La Défense, the business district west of Paris.

....



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