Summary
THE case of Jerome Kerviel, the Societe Generale trader involved in one of the most spectacular frauds ever, has got the business world buzzing.
Every company's greatest fear is that it will happen to them next and the chances are it could.See the full content of this document
Extract
How to Spot 'the Next Socgen' ; Analysis
What exactly happened during the Kerviel drama is still not known. According to the bank, he made a series of wild bets on future stock movements and covered his tracks by faking hedge positions. While the blame game will drag on for months, the immediate f...
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