Rogue trader escapes paying $5.5 billion in damages

Former Société Générale trader Jerome Kerviel has stuck it to the bank again. Big time. A French appeals court on Friday cut the damage award the disgraced rogue trader was ordered to pay to $1.1 million -- from $5.5 billion. Yes, billion. The now 39-year former banker had amassed a $56 billion position in hidden...