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...year-old from small-town Brittany in France was a low-level futures trader. One week later, Kerviel - the rogue trader who has lost Société Générale $7.1 billion) - now has 347,000 hits on Google, 14 groups dedicated to him on Facebook, and a Wikipedia biography - and the mounting political scandal over how he pulled off the biggest scam in banking history is only just beginning...

Author: /time Magazine | Title: Behind the Trader's Market Chaos | 1/27/2008 | See Source »

...Kerviel had yet to answer publicly some of the scheme's most intriguing questions: Did he personally sock away millions from his fictitious trading? And if not, what made a quiet trader - whose Facebook page had just 11 friends - engage in a gargantuan con job and risk years in jail? Those answers might have to wait for Kerviel's trial. Or perhaps for another movie along the lines of the 1999 film Rogue Trader, which portrayed Leeson's extraordinary operation. And should you wish to try and make some money yourself, Leeson has been quoted by one British bookie...

Author: /time Magazine | Title: Behind the Trader's Market Chaos | 1/27/2008 | See Source »

...Internet & American Life Project. In 2003 online daters increased 77%. With sites charging $35 a month on average, revenues popped accordingly. Growth has ebbed of late to about 10% a year, say analysts, partly because of the competing popularity of social-networking sites. You can flirt on Facebook too--and for free...

Author: /time Magazine | Title: We Just Clicked | 1/17/2008 | See Source »

Framed by Facebook...

Author: /time Magazine | Title: Briefing | 1/17/2008 | See Source »

...Using Facebook photos as evidence, police in South Burlington, Vt., have charged a high school athlete with possession of alcohol?the second time in a year they used the website to make an underage bust. In June girls on the high school lacrosse team were ratted out by online pictures...

Author: /time Magazine | Title: Briefing | 1/17/2008 | See Source »

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