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Latest Business News

Accused French Trader's Comrade Released

Saturday, February 09, 2008 11:58:56 AM
By JAMEY KEATEN

 In this pool photo made available Wednesday, Feb. 6, 2008, French trader Jerome Kerviel is seen at his lawyer Elisabeth Meyer's office in Paris, Tuesday, Feb. 5, 2008. Potential legal troubles for French bank Societe Generale have expanded to the United States and the futures trader allegedly at the root of the $7 billion scandal is now under police protection. (AP Photo/Martin Bureau, pool) PARIS (AP) - A trader at the French bank Societe Generale was released without charge Saturday after two days of questioning about the case of jailed fellow trader Jerome Kerviel.

The bank employee, also a trader, was freed after being questioned Saturday by judges specializing in financial affairs, said Isabelle Montagne, a spokeswoman for the Paris prosecutors' office. He had been detained since Thursday.

"He has left; he's free; he was not presented with preliminary charges," Montagne told The Associated Press. She declined to identify the brokerage employee.


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