France’s highest appeals court on Wednesday said former Société Générale trader Jérôme Kerviel must serve the three-year prison sentence handed to him for his wayward bets but it overturned an award of €4.9 billion ($6.37 billion) in civil damages that was to be paid to the bank.
via Court Upholds Prison Sentence for Rogue Trader Kerviel at Société Générale – WSJ.com
