The Daily Caveat is written by Michael Thomas, a recovering corporate investigator in the Washington, DC-area.

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3/18/2008
Jerome Kerviel Walks
His prison stay over along with his 15 minutes of fame, SocGen rogue trader, Jerome Kerviel was released from prison this week thanks to a favorable Appeals Court ruling. He was advised, though, not to leave town. Paris is not the worst place to pass your time, I'd imagine.

Released earlier in the week was the second additional figure to be arrested in connection with Kerviel's activities. Manuel Zabraniecki, of SG securities was questioned for 10 hours by police before being cut loose.

Kerviel continues to assist that he acted alone.

-- MDT

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