The Ligne Maginot

mr Bouton epitomises France , graduate from ena ( school of public administration) , a tax collector with political connivances ( former head of juppé cabinet ), in charge of creating wealth for a bank and, opposite to some of his peers, totally ignorant of the abc of trading rooms and with him, it looks like, also his head of investment banking . He offers his resignation to the board blatantly knowing that they will decline because they are a take over target for barbarians at the gate ( in France this means foreigners taking over their Ligne Maginot) and the French establishment in strong defiance of the EU free market laws will do everything possible to stop it . The general attorney could not yet jail the 31 year old trader and shut him up thanks to the wisdom of one judge who thinks truth may be preserved if free. Let's see how this French soap opera ends up and whether France, so eager of reforms, is capable and willing to take some lessons from this debacle.