If only we would treat our banksters like the French treated this guy:

[n2doc]

French rogue trader Kerviel found guilty
By the CNN Wire Staff
October 5, 2010 7:41 a.m. EDT

Paris, France (CNN) -- Trader Jerome Kerviel was found guilty of all charges Tuesday for betting 50 billion euros ($61 billion) of a French bank's money without its knowledge.

The judge sentenced Kerviel to a five-year sentence but suspended two years of it, meaning he will serve three years in prison. He was also ordered to pay 4.9 billion euros ($6.75 billion) in damages to the bank.

Kerviel was not immediately jailed and left court after the verdict and sentencing.

Kerviel, a former employee of French bank Societe Generale, went on trial in June on charges of forgery, breach of trust and unauthorized computer use. The banks says the unhedged bets cost it almost $6 billion.


http://www.cnn.com/2010/WORLD/europe/10/05/france.trader.trial/index.html?hpt=T2

Of course, our "rogue traders" end up getting jobs at the Fed and in the Cabinet.

[Romulox]

1. Remember when Obama went on TV to tell us about the "sanctity" of taxpayer-funded bankster bonuses?

:rofl:

[closeupready]

2. I believe French elections are publicly-financed. There's your difference.

n/t

[era veteran]

3. Agree, We put the sons of bitches in jail during S&L crisis.

Why should they be scared now?

[_ed_]

4. Obama

is probably eying him for when Geithner gets another job on Wall Street. He'd fit in perfectly with Rubin, Summers, and Geithner.