Wednesday, January 30

Ah, national stereotypes.

More on that rogue tradeur:

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. I have a family and a mistress so I would leave the office at around 2pm at the latest, if I wasn't on strike."

....

As the losses mounted, Kerviel tried to conceal his bad trades by covering them with an intense red wine sauce.

 

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