Rogue trader must be hoping wages in IT services increase fast

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Jerome Kerviel, the man behind the rogue trades that cost French bank Societie General billions, has been sentenced to five years in prison and ordered to repay £4.1bn.

The former IT worker used his knowledge of computer systems to hide his crime.

Kerviel is currently working for an IT service provider and earns less than 30,000 Euros a year. So unless outsourcing picks up.


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This page contains a single entry by Karl Flinders published on October 6, 2010 6:00 AM.

Will BT selling Tech Mahindra shares affect Satyam vision? was the previous entry in this blog.

Small supplier provides 28 years of service to world's third biggest employer is the next entry in this blog.

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