AOL Money & Finance

$7.2 billion fraud costs Jérôme Kerviel (Facebook) friends

More

If someone you know was on the front-page of every newspaper for a scheme that cost France's second-largest bank $7.2 billion, what's the first thing you'd do?

Exactly: Delete him as your friend on Facebook. According to DealBook, that's exactly what happened: Before the story broke, Jérôme Kerviel had 11 friends on Facebook. Now he's down to just one.

I'm surprised everyone is so quick to delete him: I would think it would be exciting to be Facebook friends with someone destined to live in infamy. I'd add him as a friend now, but something tells me he won't be logging on for awhile.

Meanwhile, numerous "Facebook groups" devoted to the former trader have emerged. My favorite has to be the one called "If 5billion persons join this group & give 1€ we save Jerome Kerviel career." The group's founder writes that, "If (and only IF) 4,9 billion persons join this group and IF each one give 1€, we can refund Société Générale and save Jerome Kerviel's career ... But the question is: should we?"

Reader Comments (Page 1 of 1)

Symbol Lookup
IndexesChangePrice
DJIA-188.5610,275.84
NASDAQ-45.852,130.20
S&P 500-23.951,086.68

Last updated: November 27, 2009: 09:55 AM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

TheFlyOnTheWall.com Headlines

BioHealth Investor Headlines

WalletPop Headlines

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

WalletPop Headlines