Chris White

Who Is Jerome Kerviel?

How on earth can anyone in their right mind tell the difference between what this one guy was doing from what everyone else who does the same thing every day in this 600 trillion dollar whatever it is does?

Putting a face on the functionary who was playing with 70 billion whatever kind of concretises stuff. But, please, who is going to compare his 'losses' with the 'write downs' at Citi Merrill and who knows where else? What's a write down if not a leveraged bet gone bad?