Articles by John Gapper



Penance for Bear's Bankers

The words ""suffering"" and ""banker"" do not go together often. But the rescue of Bear Stearns, the Wall Street investment bank, last week, is a rare case of their collision.

The Crazy World of Superstar Economics

Jerome Kerviel, the ""rogue trader"" at Societe Generale, is accused of causing $7.2 billion in losses to the bank. Kerviel did not make money for himself by his trading. Instead, as Paris Prosecutor Jean-Claude Marin said this week: ""He wanted to show that he was worth as much as the others around him. He truly believed that ... everyone would recognize his financial genius.""