Facebook gives people the power to share and makes. Jerome kerviel was assigned to the delta one desk which was in low risk and low return trades. Memoires dun trader, lengrenage, jerome kerviel, jai lu. Kerviel, during his first five years at the bank worked in the back office and gathered experience on all sorts of trading and internal control system. But kerviel was apparently getting bored with this type of trading and wanted more action. Even his facebook pagebleak, photoless, and with just 11 friends listed that number plummeted to three after mr. Christophe barratier, laurent turner, based on an original idea by jerome corcos and the book lengrenage, memoirs dun trader by jerome kerviel producers. Il aurait pris des positions illicites et detourne des plusvalues. Hes been called a computer genius, an unlikely hero, and the worlds biggest rogue trader.
Image caption kerviel was portrayed by some as a hero jerome kerviel is not robin hood. May 18, 2014 jerome kerviel, the most spectacular rogue trader in financial history, appeared to have resigned himself to a french prison term on sunday night after keeping the worlds media guessing. Jerome kerviel said he was nonetheless delighted that frances highest court had thrown out an order that he pay a record 4. Lengrenage memoires dun trader broche jerome kerviel. Rogue trader jerome kerviel to surrender to french police. Jerome kerviel suing societe generale business insider. His mother, mariejosee, is a retired hairdresser, and his father, charles, was a blacksmith. Etre frere, rester pere french edition vesin, pascal on. Jerome kerviel is going after societe generale again. A leadership and business strategy analysis of the second biggest lost in trading history ebook. Socgen rogue trader kerviels liability cut to 1 million euros.
Extrader kerviel takes the long way home the new york times. French court upholds rogue trader jerome kerviels prison. In french court thursday, kerviel sued the bank for 5. This book highlight the drawbacks of a well known leadership theory, the power of people management for all companies and above all it design a simple and. Convicted rogue trader jerome kerviel was arrested in southern france late on sunday to serve a threeyear jail sentence in a highprofile case he has. Fraud went on for three years before detection, according to charges. Memoires dun trader, lengrenage, jerome kerviel, flammarion.
The jerome kerviel case is back in the spotlight with the decision of the paris labour court on 7 june, the civil suit to be heard at the versailles court of appeal from 15 to 17 june and the release of the film, loutsider, which is based on kerviels book, on 22 june. Kerviel is married, but he and his wife separated in 2008 kerviel graduated in 2000 from lumiere university lyon 2 with a master of finance specializing in organization and control of financial markets. Sep 23, 2016 a french court has cut the damages owed by the former societe generale trader jerome kerviel from 4. As it turns out, jerome kerviel is a 31 year old frenchman who enjoys judo and sailing. That was more than the banks value about 35bn euros and about the size of frances entire annual budget deficit. By january 9, 2008, he had amassed a stock index futures. Join facebook to connect with kerviel jerome and others you may know. Rogue trader jerome kerviel is now a graphicnovel hero.
Bbc news business french trader under investigation. A profile of alleged socgen rogue trader, jerome kerviel. The jerome kerviel affair carolina rey, liu tianding remuneration oversight it senior executive end up with keeping bonues kerviel maintains that his superiors knew about his activities but turned a blind eye due to contribution to profit and bonuses. Lengrenage memoires dun trader poche jerome kerviel. Oct 05, 2010 a profile of alleged socgen rogue trader, jerome kerviel. Pdf what governance lessons should be learnt from the. Mar 19, 2014 frances highest court upheld a prison sentence for the onetime rogue trader jerome kerviel but threw out the 4.
429 1537 315 388 714 217 825 793 767 91 388 734 1255 179 882 1139 393 336 726 351 1238 698 703 1462 1310 1572 284 552 1476 1605 281 110 436 190 790 858 158 83 843 1290 743 1014 1488 772