Christian Bittar once earned $126 million in a year
Former star trader Christian Bittar pleaded guilty in a London court to rigging Euribor and will be sentenced this summer.
Bittar was once a star trader at Deutsche Bank and earned a $90 million bonus in 2008 largely to a bet that 3 and 6-month yields would rise more quickly than one-month rates around the time that Lehman collapsed.
Bloomberg has the story of his rise and fall.
