We noticed the documentary sequence on Jérôme Kerviel, the “wolf” of La Défense | EUROtoday

JIs érôme Kerviel this hero who destabilized international finance by taking it at his personal recreation earlier than changing into a scapegoat or this rogue dealer who broke the foundations for the straightforward pleasure of enjoying with the monetary markets like one performs on line casino? Max’s new documentary sequence, Kerviel: a dealer, 50 billionleaves the query open. This can also be the entire level of this creation carried out at full velocity across the greatest monetary scandal in France. A case which left a slate of 4.9 billion euros within the accounts of Société Générale.ALSO READ Kerviel, a brand new Dreyfus?

January 24, 2008, Daniel Bouton, then CEO of the French financial institution, denounces to journalists a big rip-off which brought about the institution whose tower stands within the La Défense district to lose practically 5 billion euros. Behind this fraud, there is just one particular person hiding. A dealer or dealer from Société Générale with a discreet profile instantly fired: Jérôme Kerviel. At the beginning of the American subprime disaster, he would have “played” billions and billions of the financial institution to the purpose of holding ultra-risky positions value 50 billion euros. Enough to convey down one of many fundamental French banks and likewise destabilize the worldwide monetary system. A manhunt begins: the place is that this mysterious Jérôme Kerviel? How was he in a position to thwart all of Société Générale’s controls? Isn’t it reasonably the financial institution that’s primarily liable for letting this dealer who till then was making him tens of millions of euros? France is keen about this combat of David in opposition to Goliath. Politics takes over. The French left notably holds its new anti-system hero.

A gripping thriller

Directed and produced by the duo Fred Garson and Jean-Louis Perez, at Grand Angle Production, the documentary of 4 episodes of 45 minutes retains the viewer in suspense like a thriller, with its critical and rhythmic music and its vast pictures of drones. Director of Bob Sinclar clips and fiction sequence like Unsuspectedstory of a serial killer performed by Melvil Poupaud, Fred Garson makes use of the entire vary of fictional recourses for a really actual story, digicam which plunges into an elevator shaft, cigars in massive plains which burn, buying and selling screens which s panicking, photographs of a starry sky. He handles the artwork of enhancing with dexterity, superimposing pictures and daring to take atmospheric photographs throughout interviews. From then on, he took us on board with this younger dealer from Brittany to strive to reach Paris amongst financiers from enterprise colleges. In this “Wolf of La Défense” there’s a little bit of Scorsese’s DiCaprio.

The first two episodes return to the genesis of the affair. At the start of January 2008, Jérôme Kerviel admitted to his superiors that he had taken a threat of fifty billion euros higher than his personal funds. Broker Maxime Kahn has three days to unwind his positions whereas attempting to restrict injury and contagion to the monetary system. From Pont-l’Abbé (Finistère) to La Défense (Hauts-de-Seine), Kerviel: a dealer, 50 billion takes us into an interesting thriller and this nagging query: how might a financial institution have failed a lot in its controls?

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Kangaroo of the day

Answer

The power of the sequence is to convey collectively, fifteen years later, virtually all of the protagonists of the affair. Kerviel himself, beard and graying hair, who defends his place as sufferer. A person nonetheless misplaced who struggles to open a brand new chapter in his life. The former boss of Société Générale Daniel Bouton, 74 years outdated, without end scarred by the scandal, but in addition the opposite actors on this police and authorized saga: François Hollande, the chums and legal professionals of the dealer, Jean-Claude Marin, former public prosecutor of Paris, Luc François, ex-boss of merchants at Société Générale in 2008, Maxime Kahn, former international head of buying and selling… Carried by this luxurious casting, Kerviel: a dealer, 50 billion is devoured like a gripping thriller.

Kerviel, a dealer, 50 billion, 4 x 45 minute documentary sequence directed by Fred Garson and produced by Jean-Louis Perez, at Grand Angle Production.