Kerviel Plays Last Card to Shift Blame Onto SocGen for Loss
- Convicted trader seeks to convince court he deserves retrial
- Kerviel speaks to French committee of investigation Monday
This article is for subscribers only.
Jerome Kerviel is playing one of his last cards to lay blame on Societe Generale SA for a massive trading loss he was found guilty of causing at the bank a decade ago.
Kerviel headed to court again on Monday to convince French magistrates during a non-public hearing that his criminal conviction -- confirmed at the highest level in 2012 -- deserves a retrial. He maintains that his superiors looked the other way as long as he was making money for the bank, and is asking authorities take another look at his case.