Saturday December 21, Jérôme Kerviel was invited to the France 5 set. The former trader returned to the Société Générale affair in which he was convicted.
The 47-year-old trader was accused in 2008 by Société Générale, his employer, of having lost 4.9 billion euros by speculating on the markets. Seventeen years after this financial scandal which hit the headlines, Jérôme Kerviel returned to his story, on the set of France 5. He is still repaying today the million euros he owes to Société Générale, reports The Parisian. To this colossal sum is added the additional 10% interest per year, i.e. “1.7 or 1.8 million to date“.
Guest of the show C l'hebdo, he says that “every euro I earn, we come to seize it… But somehow, it doesn't matter, I prefer to be in this form of precariousness rather than betray the values that are mine,” he testified. Jérome Kerviel believes today that in his “old life“he was”a big asshole“. “I've been thinking about all this for 17 years, obviously, for 17 years I've also had a critical look at the man I was at the time“, he added.
“A lot of isolation”
A four-part documentary series has been broadcast since November 29 on the Max platform, retracing the details of the affair to understand how one man was able, single-handedly, to endanger one of the bastions of French finance, by taking financial positions worth 50 billion euros, causing a loss of almost five billion euros.
“I am at my brother's house, I receive an alert from a newspaper announcing fraud at Société Générale. At no time am I aware that it is me who is in question“, he remembers. On January 24, 2008, his life changed. “I didn't understand what was happening“, he confides. A new, darker chapter then opens. “All the relatives, friends, former colleagues, who we sometimes helped, no longer answer the phone. A lot of isolation is taking place.” He was able to count on the support of his loved ones who “help him enormously”.
published on December 22 at 12:08 p.m., Joy Azzi, 6Medias
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