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News

RTR1W82X
Societe General Trading Fraud - 09 Jun 2010
Societe General Trading Fraud - 09 Jun 2010
SOCGEN-KERVIEL/
RTR2EXOQ
June 09, 2010
Former trader Jerome Kerviel (R) arrives at the Paris courts with his lawyer Olivier Metzner for the...
Paris, France
Former trader Jerome Kerviel arrives at the Paris courts with lawyer Metzner
Former trader Jerome Kerviel (R) arrives at the Paris courts with his lawyer Olivier Metzner for the second day of his trial to face charges of breach of trust, computer abuse and forgery June 9, 2010. French bank Societe Generale blames the former junior trader Kerviel for 4.9 billion euros ($6.03 billion) of losses in early 2008. REUTERS/Gonzalo Fuentes (FRANCE - Tags: CRIME LAW BUSINESS)
SOCGEN-KERVIEL/
RTR2EXP5
June 09, 2010
Former trader Jerome Kerviel arrives at the Paris courts for the second day of his trial to face charges...
Paris, France
Former trader Jerome Kerviel arrives at the Paris courts on second day of trial
Former trader Jerome Kerviel arrives at the Paris courts for the second day of his trial to face charges of breach of trust, computer abuse and forgery June 9, 2010. French bank Societe Generale blames the former junior trader Kerviel for 4.9 billion euros ($6.03 billion) of losses in early 2008. REUTERS/Gonzalo Fuentes (FRANCE - Tags: CRIME LAW BUSINESS)
SOCGEN-KERVIEL/
RTR2EXOY
June 09, 2010
Former trader Jerome Kerviel (R) arrives at the Paris courts with his lawyer Olivier Metzner (C) for...
Paris, France
Former trader Kerviel arrives with lawyer Metzner at the Paris courts
Former trader Jerome Kerviel (R) arrives at the Paris courts with his lawyer Olivier Metzner (C) for the second day of his trial to face charges of breach of trust, computer abuse and forgery June 9, 2010. French bank Societe Generale blames the former junior trader Kerviel for 4.9 billion euros ($6.03 billion) of losses in early 2008. REUTERS/Gonzalo Fuentes (FRANCE - Tags: CRIME LAW BUSINESS)
SOCGEN-KERVIEL/
RTR2EXNJ
June 09, 2010
Former trader Jerome Kerviel arrives at the Paris courts for the second day of his trial to face charges...
Paris, France
Former trader Kerviel arrives for second day of trial at the Paris courts
Former trader Jerome Kerviel arrives at the Paris courts for the second day of his trial to face charges of breach of trust, computer abuse and forgery June 9, 2010. French bank Societe Generale blames the former junior trader Kerviel for 4.9 billion euros ($6.03 billion) of losses in early 2008. REUTERS/Gonzalo Fuentes (FRANCE - Tags: CRIME LAW BUSINESS)
SOCGEN-KERVIEL/
RTR2EXND
June 09, 2010
Former trader Jerome Kerviel (R) arrives at the Paris courts with his lawyer Olivier Metzner for the...
Paris, France
Former trader Kerviel arrives with lawyer Metzer at the Paris courts
Former trader Jerome Kerviel (R) arrives at the Paris courts with his lawyer Olivier Metzner for the second day of his trial to face charges of breach of trust, computer abuse and forgery June 9, 2010. French bank Societe Generale blames the former junior trader Kerviel for 4.9 billion euros ($6.03 billion) of losses in early 2008. REUTERS/Gonzalo Fuentes (FRANCE - Tags: CRIME LAW BUSINESS)
SOCGEN-KERVIEL/
RTR2EW5A
June 09, 2010
Former trader Jerome Kerviel arrives at the Paris courts for the start of his trial to face charges of...
Paris, France
Jerome Kerviel arrives at Paris court for the start of his trial to face charges of breach of trust,...
Former trader Jerome Kerviel arrives at the Paris courts for the start of his trial to face charges of breach of trust, computer abuse and forgery June 8, 2010. French bank Societe Generale blames the former junior trader Kerviel for 4.9 billion euros ($6.03 billion) of losses in early 2008. REUTERS/Gonzalo Fuentes (FRANCE - Tags: CRIME LAW BUSINESS)
SOCGEN/KERVIEL
RTR2DD9L
May 02, 2010
Jerome Kerviel, former junior trader at French bank Societe Generale, poses during an interview with...
Paris, France
Jerome Kerviel, former junior trader at French bank Societe Generale, poses during an interview with...
Jerome Kerviel, former junior trader at French bank Societe Generale, poses during an interview with Reuters in the office of his lawyer in Paris April 29, 2010. Kerviel, the former trader blamed for record losses at French bank Societe Generale, hopes his new book called "Trapped: Memories of a Trader" about the debacle which rocked world markets will win him support ahead of his criminal trial. REUTERS/Benoit Tessier (FRANCE - Tags: BUSINESS CRIME LAW POLITICS)
SOCGEN/KERVIEL
RTR2DD82
May 02, 2010
Jerome Kerviel, former junior trader at French bank Societe Generale, displays his new book called "Trapped:...
Paris, France
To match Interview SOCGEN/KERVIEL
Jerome Kerviel, former junior trader at French bank Societe Generale, displays his new book called "Trapped: Memories of a Trader" during an interview with Reuters in Paris April 29, 2010. Kerviel, the former trader blamed for record losses at French bank Societe Generale, hopes the book about the debacle which rocked world markets will win him support ahead of his criminal trial. Photo taken April 29, 2010. To match Interview SOCGEN/KERVIEL REUTERS/Benoit Tessier (FRANCE - Tags: BUSINESS CRIME LAW POLITICS)
SOCGEN/KERVIEL
RTR2DD86
May 02, 2010
Jerome Kerviel (R), former junior trader at French bank Societe Generale, walks with his French lawyer...
Paris, France
To match Interview SOCGEN/KERVIEL
Jerome Kerviel (R), former junior trader at French bank Societe Generale, walks with his French lawyer Olivier Metzner during an interview with Reuters in Paris April 29, 2010. Kerviel, the former trader blamed for record losses at Societe Generale, hopes his new book called "Trapped: Memories of a Trader" about the debacle which rocked world markets will win him support ahead of his criminal trial. Photo taken April 29, 2010. To match Interview SOCGEN/KERVIEL REUTERS/Benoit Tessier (FRANCE - Tags: BUSINESS CRIME LAW POLITICS)
FRANCE/
RTXAR37
November 19, 2008
Former Societe Generale junior trader Jerome Kerviel arrives at the financial investigation unit in Paris...
Paris, France
Former Societe Generale junior trader Kerviel arrives at the financial investigation unit in Paris
Former Societe Generale junior trader Jerome Kerviel arrives at the financial investigation unit in Paris November 19, 2008. REUTERS/Gonzalo Fuentes (FRANCE)
SOCGEN/KERVIEL
RTR20GCV
July 23, 2008
Former Societe Generale junior trader Jerome Kerviel (C) arrives at the financial investigation unit...
Paris, France
Former Societe Generale junior trader Jerome Kerviel arrives at the financial investigation unit in Paris...
Former Societe Generale junior trader Jerome Kerviel (C) arrives at the financial investigation unit in Paris July 23, 2008. REUTERS/Charles Platiau (FRANCE)
SOCGEN/KERVIEL
RTR23QK3
January 22, 2009
Jerome Kerviel (R), former junior trader at French bank Societe Generale, is guided by his lawyer Francis...
Paris, France
Jerome Kerviel, former junior trader at French bank Societe Generale, is guided by his lawyer Francis...
Jerome Kerviel (R), former junior trader at French bank Societe Generale, is guided by his lawyer Francis Tissot after a morning hearing as they leave the financial investigation unit in Paris on January 22, 2009. REUTERS/John Schults (FRANCE)
SOCGEN/KERVIEL
RTR20GD2
July 23, 2008
Former Societe Generale junior trader Jerome Kerviel arrives at the financial investigation unit in Paris...
Paris, France
Former Societe Generale junior trader Jerome Kerviel arrives at the financial investigation unit in Paris...
Former Societe Generale junior trader Jerome Kerviel arrives at the financial investigation unit in Paris July 23, 2008. REUTERS/Charles Platiau (FRANCE)
SOCGEN/
RTX68UV
May 28, 2008
Former Societe Generale junior trader Jerome Kerviel poses in the Paris suburb of Neuilly during an exclusive...
Neuilly, France
Former Societe Generale rogue trader Jerome Kerviel poses in the Paris suburb of Neuilly
Former Societe Generale junior trader Jerome Kerviel poses in the Paris suburb of Neuilly during an exclusive photo session May 27, 2008 on the same day as shareholders angrily quiz the French bank's management at their annual general meeting over $7.7 billion of losses which the bank blames on unauthorized stock markets bets by Kerviel. REUTERS/Philippe Wojazer (FRANCE)
SOCGEN/
RTX682B
May 27, 2008
Former Societe Generale junior trader Jerome Kerviel poses in a hotel in the Paris suburb of Neuilly...
Neuilly, France
Former Societe Generale junior trader Jerome Kerviel poses in a hotel in the Paris suburb of Neuilly
Former Societe Generale junior trader Jerome Kerviel poses in a hotel in the Paris suburb of Neuilly during an exclusive photo session May 27, 2008 on the same day as shareholders angrily quiz the French bank's management at their annual general meeting over $7.7 billion of losses which the bank blames on unauthorized stock markets bets by Kerviel. REUTERS/Philippe Wojazer (FRANCE)
SOCGEN/
RTX681H
May 27, 2008
Former Societe Generale junior trader Jerome Kerviel walks in the streets of the Paris suburb of Neuilly...
Neuilly, France
Former Societe Generale junior trader Jerome Kerviel walks in the streets of the Paris suburb of Neuilly...
Former Societe Generale junior trader Jerome Kerviel walks in the streets of the Paris suburb of Neuilly during an exclusive photo session May 27, 2008 on the same day as shareholders angrily quiz the French bank's management at their annual general meeting over $7.7 billion of losses which the bank blames on unauthorized stock markets bets by Kerviel. REUTERS/Philippe Wojazer (FRANCE)
SOCGEN-KERVIEL/
RTR1YGYF
March 18, 2008
France's rogue trader Jerome Kerviel (L) walks free from the Sante prison in Paris March 18, 2008 after...
Paris, France
France's rogue trader Jerome Kerviel leaves the Sante prison in Paris after being released
France's rogue trader Jerome Kerviel (L) walks free from the Sante prison in Paris March 18, 2008 after five weeks in custody. Kerviel left jail after winning a legal battle against detention. Kerviel is accused of causing record losses at French bank Societe Generale. He is accompanied by his lawyer Elisabeth Meyer (R). REUTERS/Benoit Tessier (FRANCE)
SOCGEN-KERVIEL/
RTR1YGYJ
March 18, 2008
France's rogue trader Jerome Kerviel (L) walks free from the Sante prison in Paris March 18, 2008 after...
Paris, France
France's rogue trader Jerome Kerviel leaves the Sante prison in Paris after being released
France's rogue trader Jerome Kerviel (L) walks free from the Sante prison in Paris March 18, 2008 after five weeks in custody. Kerviel left jail after winning a legal battle against detention. Kerviel is accused of causing record losses at French bank Societe Generale. He is accompanied by his lawyer Elisabeth Meyer. REUTERS/Benoit Tessier (FRANCE)
SOCGEN-KERVIEL/
RTR1YGY5
March 18, 2008
France's rogue trader Jerome Kerviel walks free from the Sante prison in Paris March 18, 2008 after five...
Paris, France
France's rogue trader Jerome Kerviel leaves the Sante prison in Paris after being released
France's rogue trader Jerome Kerviel walks free from the Sante prison in Paris March 18, 2008 after five weeks in custody. Kerviel left jail after winning a legal battle against detention. Kerviel is accused of causing record losses at French bank Societe Generale. REUTERS/Benoit Tessier (FRANCE)
SOCGEN-KERVIEL/
RTR1YGXF
March 18, 2008
France's rogue trader Jerome Kerviel walks free from the Sante prison in Paris March 18, 2008 after five...
Paris, France
France's rogue trader Jerome Kerviel leaves the Sante prison in Paris after being released
France's rogue trader Jerome Kerviel walks free from the Sante prison in Paris March 18, 2008 after five weeks in custody. Kerviel left jail after winning a legal battle against detention. Kerviel is accused of causing record losses at French bank Societe Generale. He is accompanied by his lawyer Elisabeth Meyer (R). REUTERS/Benoit Tessier (FRANCE)
SOGEM-KERVIEL/
RTR1YGU7
March 21, 2008
France's rogue trader Jerome Kerviel waves at reporters as he walks free from the Sante prison in Paris...
Paris, France
France's rogue trader Jerome Kerviel waves at reporters as he walks free from the Sante prison in Paris...
France's rogue trader Jerome Kerviel waves at reporters as he walks free from the Sante prison in Paris March 18, 2008 after five weeks in custody. Kerviel left jail after winning a legal battle against detention. Kerviel is accused of causing record losses at French bank Societe Generale. He is accompanied by his lawyer Elisabeth Meyer. REUTERS/Gonzalo Fuentes (FRANCE)
SOGEM-KERVIEL/
RTR1YAQ8
March 14, 2008
French lawyer Elisabeth Meyer, one of two lawyers representing Jerome Kerviel, speaks with journalists...
Paris, France
French lawyer Elisabeth Meyer, one of two lawyers representing Jerome Kerviel, speaks with journalists...
French lawyer Elisabeth Meyer, one of two lawyers representing Jerome Kerviel, speaks with journalists after a hearing at the Paris appeals court March 14, 2008. A Paris court has delayed until March 18 a decision on whether Jerome Kerviel, the trader accused of causing record losses at French bank Societe Generale, should be allowed to leave prison. REUTERS/Gonzalo Fuentes (FRANCE)
SOCGEN/INTERVIEW
RTR1XCY0
February 21, 2008
French bank Societe Generale's Chief Executive Daniel Bouton answers questions during an interview with...
Paris, France
French bank Societe Generale CEO Daniel Bouton answers questions during an interview with Reuters in...
French bank Societe Generale's Chief Executive Daniel Bouton answers questions during an interview with Reuters at the Societe Generale headquarters in Paris February 20, 2008. REUTERS/Philippe Wojazer (FRANCE)
SOGEN/
RTR1WU62
February 08, 2008
French lawyer Jean Veil (L), representing the bank Societe Generale, speaks to journalists after a hearing...
Paris, France
Societe Generale lawyer Jean Veil speaks with journalists at the Paris courts
French lawyer Jean Veil (L), representing the bank Societe Generale, speaks to journalists after a hearing at a Paris appeals court February 8, 2008. The French appeals court ruled that Jerome Kerviel, the trader blamed by Societe Generale for huge losses, should be held in custody for the duration of the investigation because of a risk that he may try to abscond. REUTERS/Antoine Gyori (FRANCE) ++EDITORS NOTE - FRENCH LAW REQUIRES THAT FACES OF POLICE AND LAW ENFORCEMENT OFFICIALS ARE MASKED IN PUBLICATIONS WITHIN FRANCE++
SOGEN/
RTR1WU5C
February 08, 2008
French lawyer Jean Veil, representing the bank Societe Generale, speaks to journalists after a hearing...
Paris, France
French lawyer Jean Veil, representing the bank Societe Generale, speaks to journalists after a hearing...
French lawyer Jean Veil, representing the bank Societe Generale, speaks to journalists after a hearing at a Paris appeals court February 8, 2008. The French appeals court ruled that Jerome Kerviel, the trader blamed by Societe Generale for huge losses, should be held in custody for the duration of the investigation because of a risk that he may try to abscond. REUTERS/Antoine Gyori (FRANCE)
SOCGEN/
RTR1WPM4
February 05, 2008
Bank of France Governor Christian Noyer (L) and President of the French Parliamentary finance committee...
Paris, France
Bank of France Governor Christian Noyer and President of the French Parliamentary finance committee Didier...
Bank of France Governor Christian Noyer (L) and President of the French Parliamentary finance committee Didier Migaud attend a parliamentary hearing about the troubles at French bank Societe Generale in Paris February 5, 2008. REUTERS/Benoit Tessier (FRANCE)
SPORT-RUGBY/
RTR1WJSZ
February 01, 2008
The main sponsors, among them the French bank Societe Generale, of the French rugby union team appear...
Marcoussis, France
The main sponsors, among them the French bank Societe Generale, of the French rugby union team appear...
The main sponsors, among them the French bank Societe Generale, of the French rugby union team appear on David Marty's suit during a news conference in Marcoussis, southern Paris January 29, 2008. France will face Scotland in their Six Nations championship rugby union opening match at Murrayfield Stadium in Edinburgh, Scotland February 3, 2008. REUTERS/Charles Platiau (FRANCE)
SOCGEN/
RTR1WIHF
January 31, 2008
French bank Societe Generale's employees hold boards reading "we love Societe Generale" as they attend...
Paris, France
French bank Societe Generale's employees attend a demonstration in support of chairman Daniel Bouton...
French bank Societe Generale's employees hold boards reading "we love Societe Generale" as they attend a demonstration in support of chairman Daniel Bouton in front of Societe Generale's headquarters in La Defense, outside Paris, January 31, 2008. French bank BNP Paribas confirmed on Thursday that it was studying a possible bid for Societe Generale as its smaller French rival reeled from rogue trading losses and France warned off would-be foreign bidders. REUTERS/Philippe Wojazer (FRANCE)
SOCGEN/NOYER
RTR1WH0C
January 30, 2008
Bank of France Governor Christian Noyer attends the hearing at the Senate finance committee about the...
Paris, France
Bank of France Governor Christian Noyer attends the hearing at the Senate finance committee in Paris
Bank of France Governor Christian Noyer attends the hearing at the Senate finance committee about the troubles at French bank Societe Generale in Paris, January 30, 2008. REUTERS/ Gonzalo Fuentes (FRANCE)
SOCGEN/
RTR1WGQP
January 30, 2008
French bank Societe Generale's employees attend a rally in support of Chairman Daniel Bouton in front...
LA DEFENSE, France
French bank Societe Generale's employees attend rally in support of Chairman Bouton in La Defense
French bank Societe Generale's employees attend a rally in support of Chairman Daniel Bouton in front of Societe Generale's headquarters in La Defense, outside Paris, January 30, 2008. The board of Societe Generale met today to decide the fate of its chairman Bouton after rogue trading losses as fellow French bank BNP Paribas ducked questions on whether it would bid for its wounded rival. Bouton offered to resign as soon as the bank uncovered massive unauthorised stock trading by one of its employees, Jerome Kerviel, that led to 4.9 billion euros ($7.22 billion) of losses at the bank. REUTERS/Benoit Tessier (FRANCE)
SOCGEN/
RTR1WGMS
January 30, 2008
People walk towards the entrance to the headquarters of French bank Societe Generale in La Defense, outside...
LA DEFENSE, France
People walk towards the entrance to the headquarters of French bank Societe Generale in La Defense
People walk towards the entrance to the headquarters of French bank Societe Generale in La Defense, outside Paris, January 30, 2008. The board of Societe Generale met today to decide the fate of its chairman Daniel Bouton after rogue trading losses as fellow French bank BNP Paribas ducked questions on whether it would bid for its wounded rival. Bouton offered to resign as soon as the bank uncovered massive unauthorised stock trading by one of its employees, Jerome Kerviel, that led to 4.9 billion euros ($7.22 billion) of losses at the bank. REUTERS/Benoit Tessier (FRANCE)
SOCGEN/
RTR1WFUJ
January 29, 2008
Pedestrians walk past a branch of France's Societe Generale bank in Paris January 29, 2008. The French...
Paris, France
Pedestrians walk past a branch of France's Societe Generale bank in Paris
Pedestrians walk past a branch of France's Societe Generale bank in Paris January 29, 2008. The French government wants Societe Generale to remain a "great French bank" in the wake of a rogue trading scandal, Prime Minister Francois Fillon said on Tuesday. SocGen said last week it had uncovered unauthorised deals by one of its traders that led to 4.9 billion euros ($7.22 billion) of losses. REUTERS/Charles Platiau (FRANCE)
SOCGEN/
RTR1WFUD
January 29, 2008
The logo for France's bank Societe Generale is seen in Paris, January 24, 2008. Societe Generale has...
Paris, France
The logo for France's bank Societe Generale is seen Paris
The logo for France's bank Societe Generale is seen in Paris, January 24, 2008. Societe Generale has uncovered a fraud by one of its traders which will have 4.9 billion euros ($7.16 billion) negative impact on the group France's second largest listed bank said January 24, 2008. REUTERS/Charles Platiau (FRANCE)
SOCGEN/
RTR1WFJX
January 29, 2008
General view of the headquarters of the AMF (Autorite des Marches Financiers), France's stock market...
Paris, France
General view of the headquarters of the AMF, France's stock market regulator, in Paris
General view of the headquarters of the AMF (Autorite des Marches Financiers), France's stock market regulatory organisation, in Paris, January 29, 2008. On January 24, 2008 French bank Societe Generale said it had uncovered massive unauthorised stock trading by one of its employees, Jerome Kerviel, that led to 4.9 billion euros ($7.22 billion) of losses at the bank. REUTERS/Benoit Tessier (FRANCE)
SOCGEN/KERVIEL/
RTR1WEUP
January 28, 2008
Renaud Van Ruymbeke, the French judge examining the case of Jerome Kerviel, the former trader at the...
Paris, France
Van Ruymbeke, the judge examining the case of Kerviel, the former trader at the centre of the SocGen...
Renaud Van Ruymbeke, the French judge examining the case of Jerome Kerviel, the former trader at the centre of the Societe Generale trading scandal, leaves the financial investigating unit in Paris January 28, 2008. Van Ruymbeke, an independently minded veteran of France's biggest financial scandals, placed Kerviel under formal investigation but the probe will not include accusations of fraud and he has been released under judicial supervision and would be investigated for breach of trust, breaching computer security and falsification. REUTERS/Gonzalo Fuentes (FRANCE)
SOCGEN/LAWYER-KERVIEL
RTR1WETK
January 28, 2008
Lawyer Elisabeth Meyer, one of two lawyers who represent Jerome Kerviel, the former trader at the centre...
Paris, France
Lawyer Elisabeth Meyer who represents trader Jerome Kerviel speaks to the media outside the financial...
Lawyer Elisabeth Meyer, one of two lawyers who represent Jerome Kerviel, the former trader at the centre of the French bank Societe Generale trading scandal, speaks to the media outside the financial investigation unit in Paris January 28, 2008. Kerviel has been placed under formal investigation but the probe will not include accusations of fraud and he has been released under judicial supervision and would be investigated for breach of trust, breaching computer security and falsification. REUTERS/Antoine Gyori (FRANCE)
SOCGEN/LAWYER-KERVIEL
RTR1WET8
January 28, 2008
Lawyer Elisabeth Meyer (L), one of two lawyers who represent Jerome Kerviel, the former trader at the...
Paris, France
Lawyer Meyer, who represents Kerviel, the former trader at the centre of the SocGen trading scandal,...
Lawyer Elisabeth Meyer (L), one of two lawyers who represent Jerome Kerviel, the former trader at the centre of the French bank Societe Generale trading scandal, speaks to an unidentified individual at the financial investigation unit in Paris January 28, 2008. Kerviel has been placed under formal investigation but the probe will not include accusations of fraud and he has been released under judicial supervision and would be investigated for breach of trust, breaching computer security and falsification. REUTERS/Benoit Tessier (FRANCE)
SOCGEN/LAWYER-KERVIEL
RTR1WESW
January 28, 2008
Lawyer Elisabeth Meyer, one of two lawyers who represent Jerome Kerviel, the former trader at the centre...
Paris, France
Lawyer Meyer, who represents Kerviel, the former trader at the centre of the Societe Generale trading...
Lawyer Elisabeth Meyer, one of two lawyers who represent Jerome Kerviel, the former trader at the centre of the French bank Societe Generale trading scandal, speaks to the media outside the financial investigation unit in Paris January 28, 2008. Kerviel has been placed under formal investigation but the probe will not include accusations of fraud and he has been released under judicial supervision and would be investigated for breach of trust, breaching computer security and falsification. REUTERS/Antoine Gyori (FRANCE)
SOCGEN/LAWYER-KERVIEL
RTR1WESR
January 28, 2008
Lawyer Christian Charriere-Bournazel, one of two lawyers who represent Jerome Kerviel, the former trader...
Paris, France
Lawyer Charriere-Bournazel, who represents Kerviel, the former trader at the centre of the Societe Generale...
Lawyer Christian Charriere-Bournazel, one of two lawyers who represent Jerome Kerviel, the former trader at the centre of the French bank Societe Generale trading scandal, speaks to the media outside the financial investigation unit in Paris January 28, 2008. Kerviel has been placed under formal investigation but the probe will not include accusations of fraud and he has been released under judicial supervision and would be investigated for breach of trust, breaching computer security and falsification. REUTERS/Antoine Gyori (FRANCE)
SOCGEN/
RTR1WD25
January 27, 2008
Jean-Michel Aldebert, the head of the financial section of the Paris prosecutors office, speaks with...
Paris, France
Jean-Michel Aldebert, the head of the financial section of the Paris prosecutors office, speaks with...
Jean-Michel Aldebert, the head of the financial section of the Paris prosecutors office, speaks with the media outside the financial brigade headquarters in Paris January 27, 2008. Junior dealer Jerome Kerviel, detained over the biggest fraud in banking history, is helping investigators, police said on Sunday, as his employer revealed that he had bet 50 billion euros ($73.3 billion) of its money on illicit trades. French bank Societe Generale said on Sunday it discovered the full extent of the fraud last weekend and unwound the mass of positions in slumping markets between Jan 21-23, leaving it nursing a 4.9 billion euro loss. REUTERS/Gonzalo Fuentes (FRANCE)
SOCGEN/
RTR1WD21
January 27, 2008
Jean-Michel Aldebert, the head of the financial section of the Paris prosecutors office, speaks with...
Paris, France
Jean-Michel Aldebert, the head of the financial section of the Paris prosecutors office, speaks with...
Jean-Michel Aldebert, the head of the financial section of the Paris prosecutors office, speaks with the media outside the financial brigade headquarters in Paris January 27, 2008. Junior dealer Jerome Kerviel, detained over the biggest fraud in banking history, is helping investigators, police said on Sunday, as his employer revealed that he had bet 50 billion euros ($73.3 billion) of its money on illicit trades. French bank Societe Generale said on Sunday it discovered the full extent of the fraud last weekend and unwound the mass of positions in slumping markets between Jan 21-23, leaving it nursing a 4.9 billion euro loss. REUTERS/Gonzalo Fuentes (FRANCE)
SOCGEN/
RTR1WBTW
January 26, 2008
Financial Brigade head Jean-Michel Aldebert speaks with the media outside their headquarters in Paris...
Paris, France
Financial Brigade head Jean-Michel Aldebert speaks with the media outside their headquarters in Paris...
Financial Brigade head Jean-Michel Aldebert speaks with the media outside their headquarters in Paris January 26, 2008, to comment on former French trader Jerome Kerviel who is in police custody. Kerviel, the 31 year-old trader blamed for a $7 billion fraud at French bank Societe Generale, was being held for questioning, which under French law can last for an initial 24-hour period before any charges are pressed. REUTERS/ Gonzalo Fuentes (FRANCE)
SOCGEN/
RTR1WB9Y
January 26, 2008
Police stand guard as a van, believed to be transporting trader Jerome Kerviel, arrives at the financial...
Paris, France
Police stand guard as a van, believed to be transporting trader Jerome Kerviel, arrives at the financial...
Police stand guard as a van, believed to be transporting trader Jerome Kerviel, arrives at the financial brigade police station in Paris, January 26, 2008. A judicial source said that Kerviel, the 31 year-old trader blamed for a $7 billion fraud at French bank Societe Generale, was being held for questioning, which under French law can last for an initial 24-hour period before any charges are pressed. ++EDITORS NOTE - FRENCH LAW REQUIRES THAT FACES OF POLICE AND LAW ENFORCEMENT OFFICIALS ARE MASKED IN PUBLICATIONS WITHIN FRANCE++ REUTERS/Gonzalo Fuentes (FRANCE)
SOCGEN/
RTR1W7ZU
January 24, 2008
Daniel Bouton, chief executive of French bank Societe Generale, speaks at a news conference at the bank's...
LA DEFENSE, France
Daniel Bouton, CEO of French bank Societe Generale, speaks at a news conference at the bank's headquarters...
Daniel Bouton, chief executive of French bank Societe Generale, speaks at a news conference at the bank's headquarters in La Defense, outside Paris, January 24, 2008. Societe Generale has uncovered a fraud by one of its traders which will have 4.9 billion euros ($7.16 billion) negative impact on the group France's second largest listed bank. REUTERS/Benoit Tessier (FRANCE)
SOCGEN/
RTR1W807
January 24, 2008
Daniel Bouton, chief executive of French bank Societe Generale, reacts at a news conference at the bank's...
LA DEFENSE, France
Daniel Bouton, CEO of French bank Societe Generale, reacts at a news conference at the bank's headquarters...
Daniel Bouton, chief executive of French bank Societe Generale, reacts at a news conference at the bank's headquarters in La Defense, outside Paris, January 24, 2008. Societe Generale has uncovered a fraud by one of its traders which will have 4.9 billion euros ($7.16 billion) negative impact on the group France's second largest listed bank. REUTERS/Benoit Tessier (FRANCE)
SOCGEN/
RTR1W7ZX
January 24, 2008
Daniel Bouton, chief executive of French bank Societe Generale, reacts at a news conference at the bank's...
LA DEFENSE, France
Daniel Bouton, CEO of French bank Societe Generale, reacts at a news conference at the bank's headquarters...
Daniel Bouton, chief executive of French bank Societe Generale, reacts at a news conference at the bank's headquarters in La Defense, outside Paris, January 24, 2008. Societe Generale has uncovered a fraud by one of its traders which will have 4.9 billion euros ($7.16 billion) negative impact on the group France's second largest listed bank. REUTERS/Benoit Tessier (FRANCE)
SOCGEN/
RTR1W7ZG
January 24, 2008
Daniel Bouton, CEO of French bank Societe Generale, reacts at a news conference at the bank's headquarters...
LA DEFENSE, France
Daniel Bouton, CEO of French bank Societe Generale, reacts at a news conference at the bank's headquarters...
Daniel Bouton, CEO of French bank Societe Generale, reacts at a news conference at the bank's headquarters in La Defense, outside Paris, January 24, 2008. Societe Generale has uncovered a fraud by one of its traders which will have 4.9 billion euros ($7.16 billion) negative impact on the group, France's second largest listed bank. REUTERS/Benoit Tessier (FRANCE)
SOCGEN/
RTR1W7YU
January 24, 2008
Daniel Bouton, chief executive of French bank Societe Generale, reacts at a news conference at the bank's...
LA DEFENSE, France
Daniel Bouton, CEO of French bank Societe Generale, reacts at a news conference at the bank's headquarters...
Daniel Bouton, chief executive of French bank Societe Generale, reacts at a news conference at the bank's headquarters in La Defense, outside Paris, January 24, 2008. Societe Generale has uncovered a fraud by one of its traders which will have 4.9 billion euros ($7.16 billion) negative impact on the group France's second largest listed bank. REUTERS/Benoit Tessier (FRANCE)
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January 24, 2008
The entrance to the headquarters of French bank Societe Generale in La Defense, outside Paris, January...
LA DEFENSE, France
The entrance to the headquarters of French bank Societe Generale in La Defense, outside Paris
The entrance to the headquarters of French bank Societe Generale in La Defense, outside Paris, January 24, 2008. Societe Generale has uncovered a fraud by one of its traders which will have 4.9 billion euros ($7.16 billion) negative impact on the group France's second largest listed bank. REUTERS/Benoit Tessier (FRANCE) REUTERS/Benoit Tessier (FRANCE)
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January 24, 2008
Daniel Bouton, CEO of French bank Societe Generale, speaks at a news conference at the bank's headquarters...
LA DEFENSE, France
Daniel Bouton, CEO of French bank Societe Generale, speaks at a news conference at the bank's headquarters...
Daniel Bouton, CEO of French bank Societe Generale, speaks at a news conference at the bank's headquarters in La Defense, outside Paris, January 24, 2008. Societe Generale has uncovered a fraud by one of its traders which will have 4.9 billion euros ($7.16 billion) negative impact on the group France's second largest listed bank. REUTERS/Benoit Tessier (FRANCE)
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January 25, 2008
A cryptic note posted by the concierge on the letterbox for reporters, at what is believed to be the...
Neuilly-Sur-Seine, France
Note posted by concierge on letterbox for reporters, at what is believed to be former flat of trader...
A cryptic note posted by the concierge on the letterbox for reporters, at what is believed to be the former flat of trader Jerome Kerviel in Neuilly-sur-Seine, near Paris, is seen late Thursday, January 24, 2008. The note reads, "Journalists, to make your work easier: Kerviel unknown in the building, apartment rented or sublet to tenants of Asian appearance who speak English, don't look here, he's probably long gone." Societe Generale has uncovered a fraud by one of its traders which will have 4.9 billion euros ($7.16 billion) negative impact on the group, France's second largest listed bank. REUTERS/Benoit Tessier (FRANCE)
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January 25, 2008
A general view of the headquarters of French bank Societe Generale is seen in the La Defense business...
LA DEFENSE, France
General view of the headquarters of French bank Societe Generale is seen in the La Defense business centre,...
A general view of the headquarters of French bank Societe Generale is seen in the La Defense business centre, near Paris, a day after a $7 billion equities derivatives loss was revealed, January 25, 2008. Societe Generale came under mounting pressure on Friday to give a full account of how a rogue trader managed to dupe his supervisors and run a $7 billion loss. REUTERS/Benoit Tessier (FRANCE)
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January 24, 2008
A client uses a cash machine at a branch of French bank Societe Generale in Paris January 24, 2008. Societe...
Paris, France
A client uses a cash machine at a branch of French bank Societe Generale in Paris
A client uses a cash machine at a branch of French bank Societe Generale in Paris January 24, 2008. Societe Generale has uncovered a fraud by one of its traders which will have 4.9 billion euros ($7.16 billion) negative impact on the group, France's second largest listed bank said. REUTERS/Charles Platiau (FRANCE)
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January 24, 2008
French bank Societe Generale's logo is seen in Molsheim, eastern France, January 24, 2008. Societe Generale...
Molsheim, France
French bank Societe Generale's logo is seen in Molsheim
French bank Societe Generale's logo is seen in Molsheim, eastern France, January 24, 2008. Societe Generale said fraud by a single trader had caused it a 4.9 billion euro ($7.1 billion) loss and that it would seek emergency funds as a result, shocking battered markets. REUTERS/Vincent Kessler (FRANCE)
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January 25, 2008
General view of what is believed to be the former flat of trader Jerome Kerviel in Neuilly-sur-Seine...
Neuilly-Sur-Seine, France
General view of what is believed to be former flat of trader Kerviel near Paris
General view of what is believed to be the former flat of trader Jerome Kerviel in Neuilly-sur-Seine near Paris is seen late Thursday, January 24, 2008. Societe Generale has uncovered a fraud by one of its traders which will have 4.9 billion euros ($7.16 billion) negative impact on the group France's second largest listed bank. Picture taken 24 January 2008. REUTERS/Benoit Tessier (FRANCE)
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January 25, 2008
General view of the La Defense business district, near Paris, the day after a $7 billion equities derivatives...
LA DEFENSE, France
General view of the La Defense business district, near Paris
General view of the La Defense business district, near Paris, the day after a $7 billion equities derivatives loss was revealed, January 25, 2008. Societe Generale has uncovered a fraud by one of its traders which will have 4.9 billion euros ($7.18 billion) negative impact on the group France's second largest listed bank. REUTERS/Benoit Tessier (FRANCE)
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January 25, 2008
General view of the La Defense business district, near Paris, the day after a $7 billion equities derivatives...
LA DEFENSE, France
General view of the La Defense business district, near Paris
General view of the La Defense business district, near Paris, the day after a $7 billion equities derivatives loss was revealed, January 25, 2008. Societe Generale has uncovered a fraud by one of its traders which will have 4.9 billion euros ($7.18 billion) negative impact on the group France's second largest listed bank. REUTERS/Benoit Tessier (FRANCE)
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June 07, 2010
Jerome Kerviel (R), former junior trader at French bank Societe Generale, seen in this January 22, 2009...
Paris, France
File photo of Jerome Kerviel, former junior trader at French bank Societe Generale, who is guided by...
Jerome Kerviel (R), former junior trader at French bank Societe Generale, seen in this January 22, 2009 file photo, is guided by his lawyer Francis Tissot after a morning hearing at the financial investigation unit in Paris. Kerviel stands trial in a French court in Paris on Tuesday June 8, 2010. Photo taken January 22, 2009 Reuters/John Schults/Files (FRANCE - Tags: BUSINESS CONFLICT SOCIETY)
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