PARIS — Jerome Kerviel, who was convicted of causing a record $5.6bn trading loss at Societe Generale, won more than half a million dollars in compensation as a Paris judge berated the lender for its role in the affair.The €455,500 ($517,000) award on Tuesday includes €100,000 for unfair dismissal and his €300,000 bonus for 2007. Judge Hugues Cambournac questioned some of the bank’s defences since the scandal first emerged nearly a decade ago."Societe Generale can’t pretend it was not aware of Jerome Kerviel’s fake operations" before January 2008, Cambournac said. The dismissal "didn’t sanction Kerviel’s acts, but its consequences".The employment tribunal verdict is the latest twist in the story of the former trader who has taken equal turns as villain and folk hero since he was blamed for causing the record loss at France’s second-largest lender. The ruling could have an effect on other pending cases including a trial over damages set to begin in the Paris suburb of Versailles next...
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