Jerome Kerviel Is Jailed

THE Paris appeals court has ordered the Societe Generale trader Jerome Kerviel should be detained because of the “necessities of the investigation” and the risk that he could flee the country.

Now he will be put in “provisional detention” while the case is being investigated.

Kerviel might be innocent.  French sources tell us that he was known as something of a workaholic in Paris circles, putting in a 30-hour working week…


Anorak

Posted: 8th, February 2008 | In: Money Comments (3) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink

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