France
Computer Genius on Financial Rampage- by Greg Strid
It appears as if a 31-year-old rogue computer genius
named Jerome Kerveil is responsible for the staggering
$7.14 billion loss suffered by France’s once venerable
banking behemoth Societe Generale. Sheepish company
officials publicly disclosed the loss just this week to the
horror and dismay of shareholders and politicians.
Mr. Kerveil is thought to have circumvented the stately
bank’s less than impressive security [...]
Another Divide
President Jacques Chiraq of France implied on Monday that Iran would not
have to halt nuclear activities until negotiations with the Security Council
started. This revelation surfaced during an interview on a European radio
station.
The official position of the six powers (the permanent members of the Security
Council + Germany) is that Iran must freeze uranium enrichment before [...]
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