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Rogue trader Jerome Kerviel gets jail time

When rogues go on trial, they tend to adopt what might be called the Oliver North defense. That is, you take a principled stance, claim that your higher-ups knew what your were doing, and that the Read more...

Jerome Kervial trial coming in June

Jerome Kerviel certainly did not go quietly into that dark night usually reserved for "rogue" traders. He ended up writing a book that proclaims his innocence of charges that he horrifically gamed Read more...

ALSO NOTED: Cramer: Major collapse needed for recovery; Citigroup reaches out to John Reed for help; and much more...

Company News: > Credit Suisse sues resort after default. Article > More on Carlyle Fund collapse. Read more...

SPOTLIGHT: Two week break for London traders?

Regulators in London understandably want to strengthen bank financial controls after the Jerome Kerviel affair. However, the idea of traders taking two-week breaks to allow their positions to be Read more...