Jerome Kerviel

  • jerome kerviel

    News

    Jérôme Kerviel’s Week Is Looking Up

    Yes, under the terms of his parole he’ll have to follow a curfew but it could’ve been a lot worse (in this case, worse meaning prison and a multi-billion fine, which would’ve taken god-knows-how-many walk-a-thons to pay back).

    / Sep 4, 2014 at 5:30 PM
  • jerome kerviel

    News

    There Are Some Upsides To A €4.9bn Fine

    We’re not going to sugarcoat it. There aren’t a lot. But if you find yourself frequently plagued by parking, speeding tickets and the like, consider this silver lining:

    / May 9, 2014 at 2:52 PM
  • jeromekerviel

    News

    Jérôme Kerviel’s 900 Mile Walk To Raise Awareness Re: Tyranny Of Financial Markets A Work In Progress

    Yes, he’s already two hundred miles in, but with seven hundred to go, there is still plenty of time to hit up like-minded people to pledge just one dollar (or more) for every mile walked, the proceeds of which will go to financial tyranny research and to getting him some Dr. Scholl’s sneaker inserts.

    / Mar 6, 2014 at 2:40 PM
  • Pope Francis waves to crowds as he arrives to his inauguration mass on 19 March 2013.

    News

    Pope Francis, Rogue Trader Have A Chat

    Rogue trader Jerome Kerviel may have fallen from grace in the banking world. Inside Vatican City, however, he was granted a brief audience Wednesday with Pope Francis himself. Mr. Kerviel, the former Société Générale trader convicted of making unauthorized trades in 2008 that cost his bank €4.9 billion, was among the handful of pilgrims who […]

    / Feb 19, 2014 at 5:17 PM
  • News

    Société Générale Seeking Suggestions For How Jerome Kerviel Can Make Things Up To Shareholders

    Yesterday in France, a court sentenced everyone’s favorite rogue trader, Jerome Kerviel, to three years in prison and said he must also “pay back” the $6.8 billion that was lost. At his current salary as a technology consultant, it should only take Kerviel 170,000 years to do so. Attorney Olivier Metzner said his client is […]

    / Oct 6, 2010 at 2:47 PM
  • News

    Irate French Controller’s Got Jerome Kerviel’s Number

    The other day we noted that in the course of making fake trades at SocGen, Jerome Kerviel had invented a fake client who he’d named Matt, whose bio Kerviel added little flourishes to such as the fact that Matt apparently loved to play rugby. Today we hear from a non-imaginary colleague of Kerviel’s, none too […]

    / Jun 17, 2010 at 12:42 PM
  • News

    Jerome Kerviel Invented A Friend Named Matt, Built A Vivid Character Sketch Of The Guy

    I knew there was a reason I loved Jerome Kerviel and today that reason became crystal clear. As previously mentioned, the former SocGen trader admitted faking a buncha trades during his time with the firm. Now, there’s this:

    / Jun 15, 2010 at 3:39 PM
  • News

    Jerome Kerviel: Yeah I Faked Some Trades

    Was that wrong? Should he not have done that? Under questioning by Judge Dominique Pauthe, Kerviel said he began making larger bets in 2005 and started falsifying transactions indicating he had covered his bets. Kerviel said he continued to exceed the 125 million-euro trading limit set for the Delta One trading desk where he worked […]

    / Jun 9, 2010 at 1:30 PM
  • News

    Jerome Kerviel Has A Really Good Excuse For Why He Lost Soc-Gen €4.9 billion

    Naturally it involves sucking dick for coke. I’m kidding! Though an admitted prostie, Kerviel is not that kind of whore.

    / May 3, 2010 at 10:15 AM
  • News

    Accused Soc Gen High Frequency Thief Was Headed To Tower Research

    Editor’s Note: The following is a guest post by John Carney. The former Societe Generale trader arrested yesterday on charges of stealing Soc Gen’s computer code for high-frequency trading was set to begin work this week at Tower Research Capital, a New York based quantitative hedge fund, according to a source. Samarth Agrawal was charged […]

    / Apr 21, 2010 at 3:52 PM
  • News

    Record Deal TK

    Société Générale shareholders, still not over the months-old rogue trading scandal, told Chairman Daniel Bouton that he’d “turned the bank into a casino,” demanded his resignation and booed his every word at today’s annual general meeting. Apparently Bouton’s power point presentation, which showed that over an 8-year period, SocGen shares had remained among the best […]

    / May 27, 2008 at 4:30 PM
  • News

    Jerome Kerviel: Charting His Trades

    Our eyes were already glazed over when we finally turned our attention to the the report released by Société Générale on the Jerome Kerviel scandal. The ocular varnish hardened to opaque as we skimmed through blather about how almost everything had gone right, everyone had done things well, and it was just a few bad […]

    / Feb 21, 2008 at 3:39 PM

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