(New York Post) Rogue trader Jerome Kerviel has stuck it to his old bosses — big time. A French appeals court cut the damage award Kerviel was ordered to pay Société Générale to $1.1 million from $5.5 billion. That’s right — billion. The 39-year-old disgraced trader amassed a $56 billion position in hidden trades in 2008 before the bank found out…
Rogue Trader Escapes Paying $5.5 Billion In Damages
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