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Saturday, 26 January 2008

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Rogue trader sacked for not having greed as a motive

Bosses at French Bank Societe Generale said they are perplexed by rogue trader, Jerome Kerviel, who they understand was not perpetrating the major fraud for personal gain.

"We are stunned. He apparently acted for motives which have nothing to do with greed. Clearly there is no place for someone like that in the banking world. I am sure that he was operating on his own and all our other employees are focussed on the key areas of selfishness and fleecing our clients to make ourselves ridiculously rich. The idea that there is another employee in the banking world who is capable of not acting for personal gain is ridiculous."

Another senior source for the bank added:"We could have let the matter of defrauding us for a few billion euros go - but not be greedy, that just stinks. How could it happen? "

The markets crashed when they heard that someone in the banking industry was capable of not looking to amass an insane level of personal wealth - even when deploying complex fraudulent techniques. They recovered only after they were reassured that Kerviel was a lone good apple and the rest of the fruit was still truly rotten.

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The story above is a satire or parody. It is entirely fictitious.

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