Kerviel ‘Love’ May Not Be Enough to Overturn Verdict
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Jerome Kerviel’s statement last week that he “loved” Societe Generale SA may have come too late to help him win a reduced sentence for causing the bank’s 4.9 billion-euro ($6.1 billion) trading loss.
Kerviel lawyer David Koubbi told the appeals court in Paris today that the lower court verdict was “absurd” and asked for a dismissal. Koubbi’s aggressive tactics have frequently led to clashes with Judge Mireille Filippini, who earlier in the case threatened to notify the bar about his treatment of witnesses.