Kerviel arrives as assistant faces charges departures lawyer sbte

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=IxWs149R8sU

(3 Sep 2008) SHOTLIST • 1. Exterior of financial tribunal • 2. Various of Societe Generale rogue trader Jerome Kerviel (black suit) and lawyers coming back to financial tribunal after lunch break • 3. Mid shot of media waiting outside tribunal • 4. Mid shot of lawyer coming out and approaching the press • 5. SOUNDBITE (French) Bernard Benaiem, Lawyer of Jerome Kerviel: • Mr (Thomas) Mougard has said what he had to say, meaning that he had done a few things, but thinking in good faith that his hierarchy knew about it and as there were control organisms that did their job and there was nothing to reproach him about, he didn't see why he had to ask himself questions in the place of others. • 6. Cutaway of cameraman • 7. SOUNDBITE (French) Bernard Benaiem, Lawyer of Jerome Kerviel: • He did what Jerome Kerviel told him to do. He is an assistant. We are not going to reproach a secretary for typing what her boss asks her to type, we do not reproach an assistant to do what he's been asked to do by his trader. He did what the trader asked him to do, but again no one reproached him. The operations which Jerome Kerviel asked him to do had been approved by the hierarchy and to this matter there was no reason he should question himself more than the hierarchy should have done. • 8. Mid shot of lawyer leaving • STORY: • Societe Generale futures trader Jerome Kerviel faced his former assistant for the first time in front of a panel investigating judges in Paris on Wednesday. • Societe Generale has accused Kerviel, 31, of betting tens of billions of euros of the bank's money without permission, which led to almost 5 billion euro(more than 7 (b) billion US dollars) in losses once the bank unwound his positions in January. • The affair, one of history's costliest trading scandals, rattled an already shaky banking sector earlier this year and prompted widespread calls for tighter internal controls at banks. • Thomas Mougard, the Kerviel's 24-year-old former assistant is being probed on suspicion that he knowingly helped enter phony data into a computer system on behalf of Kerviel, who was trying to cover up his massive trades. • Investigating judges have filed preliminary charges against him for forgery, breach of trust and logging false data. • Preliminary charges give judges time to pursue an investigation that could result in a trial or in charges being dropped. • He did what Jerome Kerviel told him to do. He is an assistant. We are not going to reproach a secretary for typing what her boss asks her to type, we do not reproach an assistant to do what he's been asked to do by his trader, Bernard Benaiem, a lawyer for Kerviel. • • Find out more about AP Archive: http://www.aparchive.com/HowWeWork • Twitter: / ap_archive • Facebook: / aparchives • Instagram: / apnews • • • You can license this story through AP Archive: http://www.aparchive.com/metadata/you...

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