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'Rogue trader' Kerviel to stand trial in 2010

The world's most famous rogue trader is about to have his encounter with the criminal justice system. Jerome Kerviel, made famous by transactions he made while a trader at Societe Generale, will go to trial.

He's been charged with forgery, breach of trust and unauthorized computer use. If the French legal system finds him guilty, he could spend up to five years in prison and face a fine of up to €375,000.

Kerviel allegedly made unauthorized trades that cost SocGen more than €5 billion. The losses -- and underlying activity -- came to light in January 2008 as one of the largest trading losses ever to be sustained.

Continue reading 'Rogue trader' Kerviel to stand trial in 2010

Earnings highlights: Exxon, Boeing, Halliburton, Sony, UPS, Honda and others

The earnings crunch is in full swing, and here are a few of the highlights of this past week's earnings coverage from BloggingStocks:

For additional BloggingStocks earnings highlights, see Yahoo!, Google, Amazon, Countrywide, Merck, UBS and others and McDonald's, Kraft, P&G, Verizon, MasterCard, 3M and others.

Continue reading Earnings highlights: Exxon, Boeing, Halliburton, Sony, UPS, Honda and others

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DJIA-74.9212,454.83
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Last updated: May 27, 2012: 05:53 PM

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