VOICED: Frenchman Kerviel on trial for rogue trade scandal

VOICED: Frenchman Kerviel on trial for rogue trade scandal

Assessment

Interactive Video

Social Studies

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

Jerome Cavil, known for his global notoriety, faces court for allegedly gambling away €5 billion, highlighting banking excesses. His defense claims Societe Generale was aware of his actions, as it was an open secret on trading floors. Despite acknowledging negligence, Societe Generale's lawyer argues Cavil is solely responsible. The court must decide his culpability, with a potential five-year prison sentence if convicted.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Jerome Cavil accused of in the court case?

Tax evasion

Embezzling funds from a charity

Gambling away €5 billion

Insider trading

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main argument of Jerome Cavil's defense?

His actions were approved by the bank

Societe Generale knew about his activities

He was unaware of the financial losses

He was framed by his colleagues

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many warning signs did Societe Generale miss regarding Kerviel's activities?

70

60

80

50

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the firm's lawyer, who is ultimately responsible for the financial losses?

The bank's management

The financial regulators

The trading floor staff

Jerome Cavil

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the maximum prison sentence Jerome Cavil faces if convicted?

Three years

Five years

Seven years

Ten years