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Ex-French trader must pay $6.7 billion for fraud (AP)

Discussion in 'News from the UK, Europe and the rest of the World' started by Euro Pinoy RSS, Oct 5, 2010.

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    [​IMG]AP - Former Societe Generale SA trader Jerome Kerviel was convicted on all counts Tuesday in one of history's biggest trading frauds, sentenced to three years in jail and ordered to pay the bank a mind-numbing euro4.9 billion ($6.7 billion) in damages.




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    Euro Pinoy RSS, Oct 5, 2010
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