Societe Generale Trader Jerome Kerviel

Societe Generale trader Jerome Kerviel: PARIS - A Paris employment tribunal on Thursday rejected former Societe Generale trader Jerome Kerviel's plea for a new expert inquiry to help overturn his dismissal in France's biggest-ever trading scandal in 2008. , according to Reuters. The 36-year-old ex-trader, who was ordered to repay the huge sum in its entirety, has never denied masking the 50 billion euros in market positions that went wrong as the financial crisis unfolded in early 2008. He has, however, always said his bosses knew what he was doing, an accusation SocGen denies. By Lionel Laurent In a separate criminal case, Kerviel is running out of options to escape conviction and a jail sentence upheld by an appeals court in October over 4.9 billion euros $6.4 billion in losses that French bank SocGen said were the result of unauthorized trades by Kerviel. (www.immigrantscanada.com). As reported in the news.