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Rogue trader costs french bank $7 billion (bbc.co.uk)
7 points by mixmax on Jan 24, 2008 | hide | past | favorite | 3 comments



"Executives said the trader may not have sought personal gain from the fraudulent deals ... His managers were to leave the bank as well."

maybe, he was the scapegoat, or he was doing something really stupid


Would he still be a "rogue" if he made the bank $7 billion?


From my (limited) knowledge of the financial sector, he would most probably be CEO...

:-)




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