Quoted: The rogue trader tells prosecutors about his motivations, modus operandi, and Societe Generale's security shortcomings.

Quoted: J�rôme Kerviel, France's rogue trader, still believes that he could have made an astronomic profit from his €50 billion of illicit market bets if his bosses at the Soci�t� G�n�rale bank had not sacked him, he has told police.

Quoted: an. 30 (Bloomberg) -- When a person loses $7.2 billion of other people's money, other people naturally want to know more about him. They badly want to believe that he is in some way unusual. To blow up $7 billion -- to buy more than $75 billion in equities in private -- must require some kind of genius.

But despite some seriously sweaty journalistic effort, all we know about 31-year-old Jerome Kerviel is that he was a mediocre student, a green belt in judo and unsatisfying to his wife.

Quoted: French bank Societe Generale described Sunday how one of its traders allegedly carried out a $7.2 billion (?4.9 billion) fraud, how the loss came to light and what it is doing to ensure such a case does not recur.

Société Générale, one of the largest banks in Europe, was thrown into turmoil Thursday after it revealed that a rogue employee who has disappeared executed a series of "elaborate, fictitious transactions" that cost the company more than $7 billion, the biggest loss ever recorded in the financial industry by a single trader.

Quoted: Société Générale loses $7 billion in trading fraud

Jérôme Kerviel, qui aurait causé une perte de 4.9 milliards d'euros à la Société Générale, demeure introuvable. Son avocate prétend cependant «qu'il est à disposition de la justice.»

Quoted: Sociétés françaises : Un seul trader à l'origine de la fraude