SocGen trader's resume
KERVIEL Jerome
Jeromekerviel@hotmail.com
OBJECTIVE Reach a position as a retail listed derivative products trader, managing a volatility and Delta One book
EDUCATION
MASTERS in Finance (Organisation and Control of financial makets)
University of Lyon, September 2000
Bachelor Degree in Finance
University of Nantes, 1996 1999
WORK EXPERIENCE
Societe Generale S.A., Paris, France
Trader and Market Maker for Delta One Products
March 2004 - Today
Trading : Market making of Listed Delta One products
Including open end and closed end Turbos (Single Stocks, Index, Forex and Rate Futures), ETFs and secondary market for Certificates
ETFs structuration - Management of the collateral with Lyxor Asset Management
Development of managing tools (Excel VBA macro)
New Underlyings Study to develop the product range
Participation to the specification for the implementation of turbos to the Clickoptions platform
Societe Generale S.A., Paris, France
Trader Assistant - Basket Trading and Delta One Products
August 2002 - February 2004
Valuation and Risk Analysis explanation for Basket Trading (Single
Arbitrage book) and Delta One Products
Strategies Backtestings
Short positions hedge
Process automation and managing tools development
Societe Generale S.A., Paris, France
Middle Office - Referential Team
August 2000 - July 2002
Products modeling
Process automation
Excel macro Development for the exotic Desk
Participation to the single referential project
ACTIVITIES
Judo - 8 years practice - Trainer for children
Sailing
SKILLS
English : working language
Microsoft Office Packge - Visual Basic
Licensed for EUREX, XETRA, EURONEXT
- No bonus for AIG execs as bidders for assets line up
- Everyone wants to hide under the TARP, except for shareholders
- Crisis Dashboard: LIBOR, VIX, TED Spread, Dow
- For Icahn, Exelixis marks the biotech spot
- Inside The Deal: RBS Greenwich Capital's James Kuster on dealmaking in 2009
On est les champions, on est les champions, on es on est On est les champions!!!!!!!!
Record du monde de pertes c'est impressionant dans un CV.
Entre nous, il a prit des positions à risques phénoménales, mais la perte est due à l'incompétence du PDG qui a chié dans son froc pendant le week end et a provoqué de manière irresponsable la chute du marché mondial. Quand on a des positions prises de ce niveau on sait PERTINAMENT que l'on devient un "MARKET MAKER", c'est à dire un influenceur de marché. Faire une sortie brutale entrAine un plongeon des bourses car on influence les ordres à la vente.
Dans ces cas là on sort de ces positions petit à petit sur une période ETALLEE DANS LE TEMPS.
Si quelqun doit etre mis a pied c'est le CON qui a ordonné les sorties massives. Ce mec est un criminel boursier!
The DOC
I wonder how he would work out at real job? At least his replacement couldn't do any worse.
Fraud???
Webster defines fraud as "intentional perversion of truth in order to induce another to part with something of value or to surrender a legal right".
Who was induced? Who surrendered a legal right? Who beneffited from the "fraud"? How come that a 5 billion euro loss by the bank is "fraud" and a 2 billion loss by the very same bank is just "due to the sub prime crisis"?
Where is the money? If it was fraud... someone has collected the proceedings, and the bank will recover the loss by getting it back from those who have no right to the money.
Or wasn't it really a fraud?
salut jerome,
désagréable comme situation,mais chapeau!!!!pour moi,tu es un AS,ils auraient aimé gagner des milliards mais pas en perdre,hélas se n'ai pas toujours le cas,bravo à toi et courage solda.
Working more to lose much more.
You are a hero for me, Jérôme, I had the vision and you did it. You just did it. Congratulations, mate !
From Jerome ( the genius" till the CEO position, who else should lose their heads ?
Jerome show that uncontrollable power is not a power.
I am The Original New York City Free Advice Man, and when I speak the world listens...or, at least, one-six-point-four-billionth, or so, of the world!
First of all, to Jerome Kerviel:
What were you thinking???????!!!!!!
That you're efforts will bear great fruit and profits for your employers and account holders, and that you will sky-rocket up the ladder of corporate position, power, fame and wealth?!?
Or are you part of some twisted conspiracy, some agenda....perhaps having something to do with 'Xenu' and the people who claim to be clear?
Secondly, to Societe-Generale:
How can such systemic failure happen so easily?
Ultimately the Company's Gate-Keepers are responsible and should have learnt from what happened with that British banking bastion!
My Free Advice: Confess!!! Repent!!! Face the firing squad!!! No. Really. Even I have no useful Free Advice for any of you...but at least I know my own limits!
Vraiment fatigue avec tous les idiots avec beaucoup de argent mais sans sages!
Hi Jerome,
It's a very bad phase for you.. But my tarot cards forcast a new beginning for you in the year 2028.
Cheer up!!!!
Jerome i feel so sorry for you. no one will wake up one day and decides to let down shareholders and the organisation which he works for.
it is just bad luck. but i would say always try to share your problems and try to figure out the end of a problem as soon as it starts. know what i mean, think outside the box.
wish you a better start again.
Some Smart people get into wrong things.
Just a matter of time you would be out of it.
I think there are big bosses involved in this and he would be hired by smart Investigating agencies.
Cheers,
Vishal from India !!
Monsieur Jerome,
Je vous fais confiance.
Ce que vous dites est plus credible que
l'avis des autres.
Le PDG etait bien au courant de ce qui se
passait.
Je viens d'apprendre qu'avant cette perte
gigantesque,dans le passe,pas tellement
eloigne,vous aviez gagne de grosses
sommes pour la SocGen.
Tout le monde attend votre livre a propos.
Bien a vous.
- Jerzy D.Juszczak
MERIPOL-VARSOVIE-POLOGNE
I just want to know: Did Jerome get any of this money for himself. Or how will one defraud without getting any value. Yet Rules are Rules just learn from the eexperience.
CHKS
La recherche d'un coupable trouvent toujours une fin. Il est très facile de remarquer une mauvaise pomme si vos racines sont malades.
http://www.googlefight.com/index.php?lang=en_GB&word1=Daniel+Bouton&word2=jerome+Kerviel
A made a quick google fight, Jerome you won against Boutin, goog luck
Now he's really on the chopping block:
http://razume.com/resume/view/916








Hello Jerome,
c'est à peine croyable cette histoire,
défendez vous, si cette histoire est vraie,
adressez vous a un syndicat, pour faire face.
Bravo et bon courage.
Henri