January 28, 2008

Could Have Happened To You

The DailyMash finds out why the SocGen trader went off the rails:

FRIENDS of rogue trader Jerome Kerviel last night blamed his $7 billion losses on unbearable levels of stress brought on by a punishing 30 hour week.

Kerviel was known to start work as early as nine in the morning and still be at his desk at five or even five-thirty, often with just an hour and a half for lunch.

One colleague said: "He was, how you say, une workaholique...


Hat-tip: Don Luskin

Posted by jk at January 28, 2008 12:11 PM
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