Breaking the bank : One trader, 50 billion
Société Générale announced a EUR4.9 billion loss due to fraud by a trader. The series chronicles the initial shock and the media-judicial saga that followed this excessive finance case.
Cast:Jérôme Kerviel , François Hollande , Daniel Bouton , Catherine Lubochinsky , Luc François , Patricia Chapelotte , Maxime Khan , Julien Dami Le Coz , Vincent Vantighem , Philippe Houbé , Hugues Le Bret
S1.E1 ∙ Just one man
On January 24, 2008, French bank Société Générale announces a sudden loss of EUR4.9 billion, leading to an investigation of trader Jérôme Kerviel.
S1.E2 ∙ Delta One
When the bank discovers EUR50 billion in hidden trades, a specialist is brought in to sell the positions and divert a market crash.
S1.E3 ∙ The Idol
As charges loom, Kerviel speaks out against the system he claims encouraged his risky trades, using the media frenzy to rally public opinion.
S1.E4 ∙ And Yet, It Governs Us
In the years following his trial, Kerviel's case reveals deep flaws in the global financial system as further testimonies come to light.
