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A comment on Ex-French trader must pay $6.7 billion for fraud. Parent comment

Re:Ex-French trader must pay $6.7 billion for fraud by waytooold on Tuesday October 05, 2010 @01:03PM (#1760488)
>why his boss and execs from the bank were never bothered.

Some were let go. Not the Big big boss though. he cheated the system. By moving up through the ladder he gains good knowledge how to bypass security (that was poorly designed, but again 12 years ago that wasn't the focus), he became an insider threat and use his knowledge to abuse the system. I don't think they (bosses) were aware they were making profits.

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Re:Ex-French trader must pay $6.7 billion for fraud by danielnicollet on Tuesday October 05, 2010 @05:54PM (#1761666)
In 2007 he made them the bulk of their 1.4 Euros net income. That's inexcusable for a CEO and his board not to know where the bulk of their net income comes from. Especially when it's from one single trader!
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