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Kerviel: "I pay for everyone"

June 7 category:Businesses
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Kerviel: "I pay for everyone"

The former trader Jerome Kerviel, on his arrival at court on 5 October 2010.

REUTERS / Charles Platiau

The former Societe Generale trader Jerome Kerviel was prosecuted for a record loss of almost five billion euros in early 2008, said Wednesday on Europe 1 have the feeling of "pay for all" in the aftermath of legal Santion that left "shot."

Read our dossier: The day Kerviel was sentenced

"I begin to swallow the pill, but I'm still shot down by the weight of the sanction and the weight of responsibility that the judgment made me wear. I really feel that they wanted me to pay for everyone it took to save the General and that killed the soldier Kerviel, "said Jérôme Kerviel in his first reaction since his sentencing Tuesday.

The former trader at Société Générale was heavily condemned by the Paris court, which sentenced him to five years in prison, three farm and colossal damages of 4.9 billion euros, corresponding to the loss suffered by the bank.

His lawyer, Olivier Metzner, immediately announced he would appeal the ruling "unreasonable, unacceptable by his character completely excessive". According to judicial sources, the appeal was filed in the afternoon. "It was probably not explain and enlighten the court and prove once and for all that I was not alone in that boat," added Mr. Kerviel.

Read also: Jérôme Kerviel Will it really pay 5 billion?


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