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Wednesday, February 06, 2008

Jerome Kerviel

Jerome Kerviel is the French Rogue Trader who just lost the Bank he worked for $7 Billion Dollars. Okay, so George Bush can do this for the U.S. in a day over in Iraq, no biggee. I looked at the chart anyway. Found some stuff that might be useful.

Jerome Kerviel

b. Jan. 11, 1977 Pont-l-Abbe, Brittany, France? (not sure about place)


Sun 22 Capricorn; Moon Virgo or Libra; NN 30 Libra


The most recent news is that the bank, Societe Generale, is thought to be partly to blame for entertaining a very competitive, risk taking environment and not keeping track of its Traders. Big Whoop, Saturn was in Leo, what do you expect? Also, another bit of news was that Kerviel has recently suffered two major losses. His Father died in 2006 and he has recently separated from his wife.

Kerviel's "unauthorized" trading began at the end of 2006. It's interesting to notice that in August, 2006 Kerviel was having his Saturn Return just as the Saturn-Neptune opposition was moving into place. That's a tough transit to go through just as you "lose" your "Father." But opposite the Neptune, eek.

I also checked for Lilith's placement as I know that in mythology she had some problems with death and grieving and holding grudges. Here she is placed in Taurus (Banking) conjunct Kerviel's Jupiter. Am not sure how to interpret her but this as well as a possible conjunction between Moon and Pluto may show some difficult emotional/feminine energies that struggle with loss more than average.

Kerviel could do what he did because he had worked for so long in the back office. I don't understand the working of legal bank trading let alone illegal bank trading but do recognize that a "back office" and "unassuming" character is a Neptunian theme as is "Fraud". It's also a Scapegoat theme, the card which Kerviel is playing right now. He was being rewarded for making the company money, even if assuming risk (Saturn in Leo), so I guess they are in part to blame (Saturn & Neptune word).

Kerviel's chart cycles show a Saturn Return, a Jupiter Opposition and a Uranus trine while he was committing his crimes. These planets are linked by aspect in his natal chart in the Resource Houses of Risk taking Leo (Saturn), Banking Taurus (Jupiter) and Investments (Uranus). All 3 Planets were in aspect to natal planets and were being hit by t.Neptune and prog. Sun as well. The broader nature of all the outer planets chiming in so well together explains the extreme nature of the crime.

The Saturn-Neptune opposition transit hooks into Kerviel's natal chart by transit but also because he has a natal trine between the two planets (Neptune in Sagittarius). He naturally knows how to use that energy. Also, his progressed Sun has been traveling 21-23 Aquarius so it has been within conjunction-opposition of that Saturn-Neptune opposition.

Venus and Taurus also rule money and Banking themes so I took a look at those. Venus here is in Pisces. That again shows a style of handling money which is not direct and which somehow works beyond the normal boundaries. I believe this is the biggest Bank Fraud case in history. Jupiter is his only planet in Taurus. It is Retrograde and is strongly linked with his Saturn (so involved in the Saturn-Neptune opposition as well). It is parallel Saturn and both planets are Retrograde and in Fixed, Resource signs. Jupiter and Saturn working together can give one a great, broad sense of social rhythms, for good or bad.

Saturn is also squaring Uranus in Scorpio in this chart and Jupiter was passing over natal Uranus just at this time.

T. Uranus was passing over natal Venus in Pisces (squaring Neptune).

Kerviel was caught for making unauthorized trades on Jan. 19, 2008. His Solar Return Chart for 2007 shows a Sun-Venus Rx conjunction and a Grand Fixed Square between Mars 15 Taurus opposition Jupiter Scorpio which was squaring Saturn Leo opposite Neptune Aquarius, all on top of his natal planets. He was about 6 months out of his exact Saturn opposition.

It's interesting that another Rogue Trader, Nick Leeson, who completely tanked the British bank he was working for back in 1995, was caught for his hanky panky back on Jan 16, 1995. This shows the Sun in close to the same spot of Capricorn (Authorities, Guilt). Also interesting is the fact that Saturn (Authorities, Guilt) on that day was at 10 Pisces, very close to opposition of Saturn's placement for when Kerviel was caught on Jan. 19, 2008. I'm not much into Sabian Symbols but it would be interesting to check out the interpretations for these degrees. Mostly I think this is just a symptom of the end of Saturn's ambitious transits through risk taking Leo and enterprising Aquarius.

There's an interesting blog post comparing Leeson and Kerviel's charts at "Astropost" http://astropost.blogspot.com/2008/01/jrome-kerviel-and-nick-leeson-same.html.

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