VOICED : French rogue trader

Jerome Kerviel, a former trader at Societe Generale, faces legal challenges after being held responsible for significant financial losses. Despite claims that he was a scapegoat for the bank's greed, a Paris court upheld his conviction for breach of trust, forgery, and entering fraudulent data. Supporters argue his superiors were aware of his actions but ignored them for profit. Kerviel's defense team plans further appeals, while the financial burden remains immense, with repayment estimated to take 370,000 years on his current wage.

What was Jerome Kerviel accused of that led to his legal troubles?

• Tax evasion

• Insider trading

• Money laundering

• Breach of trust and forgery

What do Kerviel's supporters claim about his superiors at Societe Generale?

• They reported him to the authorities immediately

• They encouraged him to take risks

• They were unaware of his actions

• They knew about his actions but ignored them for profits

What is the defense team's plan following the appeals court's decision?

• To accept the court's decision

• To drop the case entirely

• To seek a settlement with Societe Generale

• To make further appeals to a higher court

How did Kerviel's unauthorized trading impact Societe Generale?

• It had no significant impact on the bank

• It brought the bank to the brink of bankruptcy

• It resulted in a minor financial loss

• It led to a significant profit for the bank

What is the estimated time it would take for Kerviel to repay the €5 billion on his current wage?

• 50 years

• 100,000 years

• 1 million years

• 370,000 years