[GJM] Bank Fraud......at Wikipedia.....!!!!

[Rodney Shakespeare]

Dear Robert, 

I think it is clear that  Jerome Kerviel  did not defraud the French bank because he was not trying to take the bank's money.  He only breached internal bank rules about the amount he could trade -- and was so successful that,  in order to hide things, he had to start making a loss.....!  An amazing case.

He is probably guilty of falsifying records but not fraud.  .

Rodney


----- Original Message ----- 
From: "robert searle" <dharao4 at yahoo.co.uk>
To: <discussion at globaljusticemovement.net>
Sent: Friday, February 08, 2008 3:09 PM
Subject: [GJM] Bank Fraud......at Wikipedia.....!!!!


> 
> 
> Dear All,
> 
>        I was amazed to see an entry on Bank Fraud on
> Wikipedia.
> 
> 
>          http://en.wikipedia.org/wiki/Bank_fraud
> 
> 
> There are also some other interesting links on the
> above page.
> 
> Robert Searle
> 
> 
>      __________________________________________________________
> Sent from Yahoo! Mail - a smarter inbox http://uk.mail.yahoo.com
> 
> 
> _______________________________________________
> Discussion mailing list
> Discussion at globaljusticemovement.net
> http://globaljusticemovement.net/mailman/listinfo/discussion_globaljusticemovement.net
-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://globaljusticemovement.net/pipermail/discussion_globaljusticemovement.net/attachments/20080208/decf8147/attachment.html