How did a middle-office nobody pull off one of history’s biggest financial scams?
Join us as we unravel the mind-blowing tale of Jérôme Kerviel, the French banker who outsmarted the financial giant, Société Générale. From his modest beginnings to billion-dollar trades, witness how Kerviel exploited loopholes and dodged detection in a high-stakes game of financial cat-and-mouse.
Uncover the shocking truth behind Société Générale $7 billion loss and the aftermath that rocked global markets. But was Kerviel a criminal mastermind or a scapegoat for a corrupt system? Get ready for a wild ride through the underbelly of high finance that’ll make you question everything you thought you knew about banking.
Chapter overview:
0:00 – The Trader Who Wiped out $7 Billion
0:56 – Birth of a Rogue Trader
5:55 – How Kerviel Gamed the System
10:25 – Kerviel’s House of Cards Collapses
13:01 – The Trial of the Century
16:04 – Controversies and Unanswered Questions Surrounding Kerviel
18:32 – Kerviel’s Transformation from Trader to Crusader