7.7Jérôme Kerviel – the trader who hid €50 billion in trades at a major international bank – and his former superiors reveal all sides of the scandal.
Frédéric Garson
Max
Jérôme Kerviel
Self, The trader
François Hollande
Self, French president
Patricia Chapelotte
Self, Communication of Kerviel
Hugues Le Bret
Self, Communication of the bank
Catherine Lubochinsky
Self, Economist
Daniel Bouton
Self, Bank chairman
1. Just One Man
On January 24, 2008, French bank Société Générale announces a sudden loss of €4.9 billion, leading to an investigation of trader Jérôme Kerviel.
2. Delta One
When the bank discovers €50 billion in hidden trades, a specialist is brought in to sell the positions and divert a market crash.
3. The Idol
As charges loom, Kerviel speaks out against the system he claims encouraged his risky trades, using the media frenzy to rally public opinion.
4. And Yet, It Governs Us
In the years following his trial, Kerviel's case reveals deep flaws in the global financial system as further testimonies come to light.
