Jérôme Kerviel blows 4,9 billion Euro away for Société Générale
Jan 26, 20080
Jérôme Kerviel is a future trader at the finance service bank Société Générale in France an lost on monday 4,9 billion Euro what are about 7, 1 billion US Dollar. Future Trading is like betting on the Wall Street and he had a very bad day. Jérôme Kerviel was in the Controlling Office at Société Générale and found a way to not get controlled himself. Usually nobody alone is allowed to trade with such big money but he hacked the system or there was an error in the system.
Some people even think that Jérôme Kerviel was the starting piont in ...