French banker Kerviel speaks out
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http://news.bbc.co.uk/go/rss/-/1/hi/uk/7229816.stm Version 0 of 1. The trader accused of causing massive losses at French bank Societe Generale is pictured on the front pages of the Daily Telegraph and Financial Times. Jerome Kerviel - who has spoken out publicly for the first time - insists he will not be made a scapegoat for the bank's loss of £3.7bn. His explanation, says the Telegraph, was he got carried away. "One loses track of figures in this type of job". 'Understatements don't come much bigger, says the Daily Mirror. Super contest There was a good deal of excitement about the US's Super Tuesday primaries - even before the results came in. In the Times' words, it is the "most pulsating American election in 40 years", which may not be repeated for decades to come. Veteran American broadcaster Dan Rather is very much of the same opinion. In the Telegraph he writes that there has not been a similar sense of excitement since the 1960 US presidential election which pitted Richard Nixon against John F Kennedy. The Sun congratulates David Cameron for leading the way with his call for all Conservative MPs to provide a detailed breakdown of expenses and allowances. The paper says it was an adroit move to regain the high ground - and it persuaded Gordon Brown to follow suit. The Times commentator, Peter Riddell, believes it is a "bidding war between the party leaders". He says they are aware of the dangers of further exposures of abuse by MPs and want to be seen ahead of the game. 'Babes' remembered On the 50th anniversary of the Munich air disaster there are tributes to the Manchester United players killed. The Independent says the "Busby Babes" represented beautiful accomplishment and swaggering self confidence for a nation just emerging from war. The Daily Star says the one-minute silence before England's match against Switzerland will allow the Wembley crowd to remember what might have been. A Manchester United team that was destined to be the greatest of all. |