Conspiracy theory of the day

Here’s a job listed on Bloomberg for Delta 1 Traders — the exact same position Jérôme Kerviel held at SG.

It was posted in Paris on January 15 — a week before the public disclosure. And, I just verified that this was really on Bloomberg — I had my my trader pull it off of his terminal. Its still there as of 3:30pm 1.25.08.

Was this an advert for a Soc-Gen position?  Did they know about the mess earlier than they let on? Were they looking to replace Jérôme Kerviel 10 days ago? 

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Oh, and one last thing:  those of you who may need a new trader, Jérôme Kerviel’s resume is here

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Hat tip: Macroman

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