Media scrum at 'rogue trader' trial

French "rogue trader" Jerome Kerviel goes on trial over multi-billion dollar bank loss.

    The trial of Jerome Kerviel, the alleged "rogue trader" who is accused of unauthorised deals that cost Societe Generale, the French bank, $5.85bn has started in Paris.

    Kerviel, 33, became the face of the global financial crisis after he was blamed for what is considered to be the biggest ever trading-room-floor loss in 2008.

    The former trader, who faces a maximum sentence of five years in prison and a fine of $450,000, was met by a media scrum when arrived at court in the French capital. 

    Barbara Serra reports from Paris.

    SOURCE: Al Jazeera


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