21-03-2016 15:31 via news.yahoo.com

Decision delayed on retrial for French rogue trader Kerviel

Investigators postponed a decision Monday on whether French rogue trader Jerome Kerviel has the right to a retrial over his conviction for gambling away 4.9 billion euros ($5.5 billion), lawyers said. The 39-year-old's unauthorised trading almost bankrupted his employer Societe Generale, one of Europe's biggest banks, but his defenders say he has been made a scapegoat.
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