VOICED : Condenan a exbroker frances Kerviel a pagar un millon de euros

VOICED : Condenan a exbroker frances Kerviel a pagar un millon de euros

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Interactive Video

Business, Social Studies, History

9th - 12th Grade

Hard

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Jerome Kerbiel, a former broker, was ordered to pay one million euros to Societe General, a significant reduction from the initial 4.9 billion euros. Kerbiel continues to fight legally, aiming for a zero-sum verdict, claiming the bank was aware of his risky operations. In 2014, he was convicted of trust abuse and fraud. The civil court ruled the bank couldn't claim full losses due to its control failures.

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OPEN ENDED QUESTION

3 mins • 1 pt

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