In this week's programme we discuss the Kerviel Verdict-is he a hero or a villain? Also, what is next for China in the 'currency war' and how is Europe to deal with its terror threat? And finally Desmond Tutu retires from public life. This week's guests are Alison Smale (Chief Editor, International Herald Tribune,)Anne-Elisabeth Moutet (Columnist, Sunday Telegraph,)Gerry Feehily (Editor at presseurop.eu) and Craig Copetas (Senior writer, Bloomberg News)
In this week's programme we discuss the Kerviel Verdict-is he a hero or a villain? Also, what is next for China in the 'currency war' and how is Europe to deal with its terror threat? And finally Desmond Tutu retires from public life. This week's guests are Alison Smale (Chief Editor, International Herald Tribune,)Anne-Elisabeth Moutet (Columnist, Sunday Telegraph,)Gerry Feehily (Editor at presseurop.eu)
and Craig Copetas (Senior writer, Bloomberg News)
Web users continue to express their indignation over the sentencing of Jérôme Kerviel. New York is faced with an infestation of bed bugs. The web bears witness to residents panic, and a site giving you the chance to plan your life after death online.
FRENCH PAPERS, 7.10.2010: Libération leads with the controversial censorship of American film director Larry Clark's photo exhibiton at the Paris Museum of Modern Art. Paris City Hall has ruled that only over 18s can visit the exhibiton which features nude photos of teenagers. Also: strikes, Bernard Kouchner’s resignation letter and more coverage on the Jérôme Kerviel ruling.
As the full extent of Jerome Kerviel’s losses became clear, Societe Generale officials immediately sought to limit the damage by going to the regulators before the authorities, the bank’s former communications boss tells FRANCE 24.
French bank Société Générale has said it will not seek the full 4.9 billion euros in damages imposed on its former trader Jérôme Kerviel, who was sentenced Tuesday to three years in jail, with two suspended, for illicit trading.
Former trader Jérôme Kerviel, who was sentenced to three years and fined 4.9 billion euros in damages Tuesday for illicit trades that led to huge losses at French bank Société Générale, has said he is a scapegoat of the financial system.
Does the conviction of Jérôme Kerviel for single-handedly squandering 4.9 billion euros make him the poster child for a banking system gone crazy? Perhaps, but he might also be a scapegoat for a system where reform might be stalling.
Does the conviction of Jérôme Kerviel for single-handedly squandering 4.9 billion euros make him the poster child for a banking system gone crazy? Perhaps, but he might also be a scapegoat for a system where reform might be stalling.
