Traders Pounds 60bn Gamble Triggers Market Crash ; Computer Whizz Hacked Into Banks System and Left No Trace
Evening Standard - London › January 24, 2008
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Summary
A ROGUE trader known as the invisible man gambled up to Pounds 60 billion in the worlds biggest bank fraud disaster.
The 31-year-old dealer today named as Jerome Kerviel lost an astonishing Pounds 3.7 billion for French bank Societe Generale.See the full content of this document
Extract
Traders Pounds 60bn Gamble Triggers Market Crash ; Computer Whizz Hacked Into Banks System and Left No Trace
The unprecedented losses were blamed for bringing the worlds financial markets to their knees this week by triggering the global collapse in stocks.
Mr Kerviel was described as a technical whizkid loner wh...See the full content of this document
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