Pursuits
Kerviel Film Hits Cinemas Just as Ex-Trader Finds Court Success
- Film ‘The Outsider’ portrays young Kerviel as naive, earnest
- Former trader says he hasn’t seen film because of bad memories
Jerome Kerviel.
Photographer: Dominique Faget/AFP via Getty ImagesThis article is for subscribers only.
Jerome Kerviel has spent years insisting he wasn’t solely to blame for the record trading loss that almost sank Societe Generale SA. The French legal system that sentenced him to three years in jail is starting to agree.
In the space of two weeks, an employment tribunal awarded Kerviel about half a million dollars for unfair dismissal, while in another courtroom a prosecutor criticized Societe Generale for “multiple, long-standing” failings.