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Rogue trader Kerviel sentenced to jail, fined blns

2010-10-05 17 Dailymotion

A Paris court on Tuesday sentenced rogue trader Jerome Kerviel to three years in jail and ordered the 33-year-old to pay back the five billion euros that his market gambles cost Societe Generale bank. The judge said the trader's acts had "damaged the world economic order" and found him guilty of breach of trust, forgery and entering false data into computers. Duration: 00:47.