``He's not a robber, he's a good man,'' said Christian Charriere-Bournazel, a lawyer for Kerviel. ``The fault was with Mr. Bouton. It was he who decided to unwind these positions.''
When it disclosed the losses on Jan. 24, the Paris-based bank said directors refused an offer by Bouton, 57, to resign after the trades were discovered. Bouton said yesterday on Europe 1 radio that his resignation ``is still on the table and the board can act on it whenever it chooses.''
A Societe Generale spokesman wasn't available to comment on Sarkozy's remarks.
``Daniel Bouton has no choice but to resign,'' Jean Arthuis, former finance minister and head of the French Senate commission on finance, said on France Inter radio today.
Bouton's compensation in 2006 totaled 3.4 million euros, including a salary of 1.25 million euros and bonus of 2.18 million euros, according to the company's annual report. Citerne took home a base salary of 750,000 euros and a bonus of 1.3 million euros. Kerviel earned about 100,000 euros, according to the bank.
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