Showing posts with label Mugshot. Show all posts
Showing posts with label Mugshot. Show all posts

Friday, January 25, 2008

Rogue Trader's Mugshot

Well, we know what he looks like now, and that he was on a salary of around 100,000 Euros, bonus included, and that he didn't enrich himself in the process. With thanks to the FT for the shot.

Update:
Also we know that he completed a Masters of Market Finance (specialising in Market Operations) from the Lyon 2 University in France, and has been employed as a Trader at Delta One Products, a SocGen subsidiary since 2000. (from a Wink.com search)

Update 2: Again from the FT; Jean-Pierre Mustier, Head of Investment Banking at SocGen on how he did it:

Jean-Pierre Mustier, head of investment banking who had been seen as a potential successor to Mr Bouton, said the position occupied by the rogue trader was only expected to generate €20m of revenue a year. “The specific pattern of his transactions was that they used fake transactions rolled on a permanent basis,” said Mr Mustier.