MONDAY APRIL 28
You Cannot Keep A Good Rogue Down

Infamous “rogue trader” Jérôme Kerviel is back on the job, albeit an entirely different one than before: he’s now a computer-security trainee. So, just how did he work out this rather soft landing? Elementary, he befriended one of his lawyer’s expert witnesses on IT issues – who also agreed to stash Kerviel in his own home for awhile as the news broke of the trader’s multibillion-dollar losses. The expert, while downplaying assertions by France’s central bank chief that Kerviel was a “computer genius,” nonetheless wasted no time in poaching Kerviel just before the besmirched trader was jailed (he’s since been released; see following story). No computer skills eh? Do tell.

April 2008

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