Stream: Discover the story behind one of the biggest scandals of recent years

This is one of the loudest financial scandals of recent years: in January 2008, the head of Société Générale publicly announced an unprecedented loss for the famous French bank: 4.9 billion euros. The name of the young 31-year-old merchant Jérôme Kerviel, who is considered the main culprit, and then went around the world…

This incredible but very true novel is at the center of the first documentary series from the streaming platform Max, called Kerviel: Un Trader, 50 billion, presented this Friday, November 29 to subscribers. It consists of 4 episodes, a step-by-step retelling of the events, some archival images, but also, and above all, very numerous testimonies, some of them previously unpublished!

The first 10 minutes of the exclusive Max series Kerviel: Un Trader, 50 Billion is available for free on YouTube.

A detailed description of events

On the screen, Daniel Bouton, then CEO, Luc Francois, Director of the Chamber of Commerce, Corinne Burset, Executive Secretary of the Chamber of Commerce, Vincent Vantagem, a journalist specializing in business and many other employees and specialists, their memories about it. Crisis is a detailed story full of twists and turns.

Their statements are accompanied by the version of Jérôme Kerviel, who is also in front of the camera to give his opinion, namely to go back to his arrival at Société Générale, the years before the scandal and the almost addictive nature of his profession. . Because people wonder: How could a single man, a novice trader, gamble with more than his own funds in the bank?

The series also highlights how the case was handled internally and the potential consequences it could have had, as Société Générale’s director of communications until 2009, Hugh Le Bret, said: a major impact on other banks and the financial system in general. Factory closings, massive increases in unemployment, a real shock wave like the 1929 crisis…

Whether you’re already well-informed about the case or just missed it, these 4 episodes are intended for all viewers who are interested in understanding the issues.

Discover the documentary series Kerviel: Un Trader, 50 billion now on Max.