Jerome Kerviel -- In His Own Words

The rogue trader tells prosecutors about his motivations, modus operandi, and Societe Generale's security shortcomings

In 2005, Jérôme Kerviel got something he had long coveted: the opportunity to become a trader for Société Générale (SOGN.PA). He had joined the Paris-based bank five years earlier, but as a graduate of a second-tier French business school, he was relegated to a job in its middle office, processing and overseeing transactions by traders whose jobs were far more glamorous and better-paid than his.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.