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February 1, 2008
Jerome Kerviel: Moonbat Hero
Posted by Dave Blount at February 1, 2008 9:10 AM
Only in France, where moonbattery reigns supreme, could stock swindler Jerome Kerviel still have his job, much less be regarded as a hero.
Kerviel lost the bank he works for, Societe Generale, $7.2 billion. But they haven't canned him yet, because French laws make it almost impossible to fire anyone. Unemployment is through the roof in France partly because hiring an employee is a commitment comparable to marriage.
Reviled by Société Générale as a malevolent fraudster and "mutating virus," Mr. Kerviel, 31 years old, is now being hailed by a growing band of fans as "Robin Hood," "the Che Guevara of Finance" and even a genius worthy of the Nobel Prize in economics.
"Let's be honest: No one likes banks… and people like the rich to get cheated," says Christophe Rocancourt, a celebrated French con man[…]
The French Communist Party, meanwhile, has compared Mr. Kerviel with Alfred Dreyfus, a Jewish French army officer whose persecution by the military hierarchy at the end of the 19th century has become a byword for gross injustice.
Kerviel earned all this admiration by accomplishing — through recklessness, incompetence and furtiveness — a record-setting trading loss that negatively affected the entire European stock exchange.
Even Rocancourt admits:
It doesn't take a genius to lose money. Anyone can do that.
But Kerviel didn't just lose money; he destroyed wealth. If only he had done it in the name of the global warming hoax, the Left would have a new idol for its pantheon.
On a tip from Varla.
