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"Rogue Trader" Jerome Kerviel Awarded €400,000 Over "Unfair" SocGen Dismissal

"Rogue Trader" Jerome Kerviel Awarded €400,000 Over "Unfair" SocGen Dismissal

It may seem like a different world now, but it was about 8 years ago when panicked traders woke up to find a dramatic collapse in overnight futures, which forced the clueless Fed to cut rates by 0.75% on fears that the great selling had started. It hadn't, at least not just yet, and a few hours later it was revealed that the plunge was the result of the action of one solitary "rogue" trader: Jerome Kerviel, who at that time worked for SocGen, Kerviel was later convicted  of causing a record trading loss of €4.9 billion at the second largest French bank, Societe Generale.

Trump Sins Against the Liberal Catechism

Before the lynching of The Donald proceeds, what exactly was it he said about that Hispanic judge?

Stated succinctly, Donald Trump said U.S. District Judge Gonzalo Curiel, who is presiding over a class-action suit against Trump University, is sticking it to him. And the judge’s bias is likely rooted in the fact that he is of Mexican descent.

Can there be any defense of a statement so horrific?

Just this. First, Trump has a perfect right to be angry about the judge’s rulings and to question his motives. Second, there are grounds for believing Trump is right.

"Clinton Nemesis" Klayman Comes To Trump's Defense: "Trump Right About Judicial Bias And Prejudice"

It has been a difficult day for Donald Trump, with virtually everyone, enemies as well as alleged allies coming down on him like a ton of bricks over his comments about Judge Gonzalo Curiel's alleged bias and prejudice against him. Just moments ago, The Hill issued an article titled "GOP aghast as Trump doubles down" in which it writes that "a defiant Donald Trump is refusing to backtrack over racially charged remarks he made last week, and the controversy has opened up a major divide between the presumptive Republican presidential nominee and senior GOP leaders.

Paedophile Gets 22 Life Sentences For Offences Against 200 Children

A British paedophile has been given 22 life sentences after pleading guilty to abusing up to 200 children between the ages of six months and 12 years old in Malaysia. Richard Huckle, 30, posed as devout Christian and English teacher to win trust, then abused children in care home and orphanages in the region Huckle was sentenced to serve a minimum of 25 years in prison by a court in London. He clasped his hands in prayer as his sentence was read out.

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