FRENCH TRADER WAS FORCED TO WORK 30 HOURS A WEEK
FRIENDS of rogue trader Jerome Kerviel last night blamed his $7 billion
losses on unbearable levels of stress brought on by a punishing 30 hour
week. Kerviel was known to start work as early as nine in the morning and
still be at his desk at five or even five-thirty, often with just an hour
and a half for lunch. One colleague said: "He was, how you say, une
workaholique. I have a family and a mistress so I would leave the office at
around 2pm at the latest, if I wasn't on strike. But Jerome was tied to
that desk. One day I came back to the office at 3pm because I had forgotten
my stupid little hat, and there he was, fast asleep on the photocopier. At
first I assumed he had been having sex with it, but then I remembered he'd
been working for almost six hours." As the losses mounted, Kerviel tried to
conceal his bad trades by covering them with an intense red wine sauce,
later switching to delicate pastry horns. At one point he managed to dispose
of dozens of transactions by hiding them inside vol-au-vent cases and
staging a fake reception.
Last night a spokesman for Sócíété Générálé denied that Kerviel was
overworked, insisting he lost the money after betting that the French were
about to stop being rude, lazy, arrogant bastards.
losses on unbearable levels of stress brought on by a punishing 30 hour
week. Kerviel was known to start work as early as nine in the morning and
still be at his desk at five or even five-thirty, often with just an hour
and a half for lunch. One colleague said: "He was, how you say, une
workaholique. I have a family and a mistress so I would leave the office at
around 2pm at the latest, if I wasn't on strike. But Jerome was tied to
that desk. One day I came back to the office at 3pm because I had forgotten
my stupid little hat, and there he was, fast asleep on the photocopier. At
first I assumed he had been having sex with it, but then I remembered he'd
been working for almost six hours." As the losses mounted, Kerviel tried to
conceal his bad trades by covering them with an intense red wine sauce,
later switching to delicate pastry horns. At one point he managed to dispose
of dozens of transactions by hiding them inside vol-au-vent cases and
staging a fake reception.
Last night a spokesman for Sócíété Générálé denied that Kerviel was
overworked, insisting he lost the money after betting that the French were
about to stop being rude, lazy, arrogant bastards.
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Comment by Elmers Brother— 2008/01/29 @ 09:31 PM — (Reply)
Comment by aza spade— 2008/01/29 @ 10:19 PM — (Reply)
Ed
Comment by Ed— 2008/01/29 @ 10:20 PM — (Reply)
Comment by riffran— 2008/01/29 @ 10:33 PM — (Reply)
Comment by Burns— 2008/01/30 @ 05:08 PM — (Reply)
Comment by Elmers Brother— 2008/01/30 @ 05:31 PM — (Reply)
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Comment by Elmers Brother— 2008/01/30 @ 09:03 PM — (Reply)
Comment by riffran— 2008/01/31 @ 02:18 AM — (Reply)
This is taken from the British satirical website The Daily Mash
http://www.thedailymash.co.uk/news/business/french-trader-was-forced-to-work-30-hours-a-week-20080125680/
Comment by plstokes— 2008/02/06 @ 06:17 AM — (Reply)