💥 The mystery of the largest loss in stock market history… Who is the person who lost billions?
In 2008, the entire financial world held its breath. One of the largest banking institutions in Europe — Société Générale — reported a shocking capital leak of 7.2 billion dollars.
It seemed like an attack from the outside. Hackers? Fraudsters? An international conspiracy?
But the truth turned out to be far scarier...
Behind this loss was a single individual. His name is Jérôme Kerviel, a 31-year-old trader, modest, inconspicuous, without connections or influence. He started from the bottom, dreaming of one day achieving success.
But in the pursuit of profit, he crossed the line...
He secretly opened positions worth 50 billion euros — more than the entire capital of the bank! And all of it — without the management's knowledge. He forged documents, concealed risks, played with fire…
And then — the crash happened. Markets collapsed. Deals fell apart. And this entire house of cards burned down in a matter of days.
Kerviel was arrested. Court. Prison.
But the main question remained in the air:
Was he a random madman… or just a pawn in a bigger game?