Now that the financial world is enduring its most serious turmoil since the Great Depression, and public outrage is focussed on financial chief executives and their multimillion-dollar incomes, Kerviel looks even less like an isolated rogue trader, and more like a harbinger of systemic failure: the intricate investing vehicles that few understood; the impotence of internal risk controls; the moral blindness in the face of mounting profits; and, above all, greed.
Read more http://www.newyorker.com/reporting/2008/10/20/081020fa_fact_stewart#ixzz1YSaPJ6dY
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