What is Jerome Kerviel doing now?
What is Jerome Kerviel doing now?
Societe Generale’s former trader Kerviel gets 3 years in jail. Jerome Kerviel was sentenced to three years in prison and ordered to repay Societe Generale’s €4.9 billion ($6.8 billion) trading loss by a …
Who is the biggest person in debt?
Former Société Générale rogue trader Jérôme Kerviel owes the bank $6.3 billion.
How did Jérôme Kerviel lose his money?
Jerome Kerviel was a junior level derivatives trader for French securities firm Société Générale. He was charged with losing more than €4.9 billion in company assets by conducting a series of unauthorized and false trades between 2006 and early 2008.
When was Jerome Kerviel caught?
1. SOCIETE GENERALE DISCOVERED THE FRAUD IN JANUARY 2008. On 18 January 2008, after being alerted by its control systems, Societe Generale conducted an internal investigation and discovered that one of its traders, Jérôme Kerviel, had created fictitious trades to conceal one of his transactions.
Which president had no debt?
Payment of US national debt On January 8, 1835, president Andrew Jackson paid off the entire national debt, the only time in U.S. history that has been accomplished.
Who does the US owe money to?
Public Debt The public holds over $24.29 trillion of the national debt. 1 Foreign governments hold a large portion of the public debt, while the rest is owned by U.S. banks and investors, the Federal Reserve, state and local governments, mutual funds, pensions funds, insurance companies, and holders of savings bonds.
