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Rogue Trader Kerviel to Serve 3 Years in Jail

Jérôme Kerviel, the trader who lost nearly €5bn while working for French bank Société Générale, will serve three out a five-year prison sentence, a court in Paris has ruled, rejecting an appeal from the defense. Kerviel alleges that his superiors knew that he was making high-risk bets and insists that he's the victim of a cover-up.Powered by Producer : France24

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