The most indebted man in the world.

English: Expres Bank - Société générale retail...

Former Société Générale rogue trader Jerome Kerviel owes the bank $6.3 billion. I did mention him in my last posts SocGen Rogue Trader Jerome Kerviel and Rogue Trader Jerome Kerviel is Back .

Jerome Kerviel is learning one of life’s harsher lessons: It stinks to be $6.3 billion in debt. That’s how much his fraudulent trades in 2007 and 2008 cost French bank Société Générale, and how much he has been ordered to pay in restitution — after he gets out of jail in three years. A judge recently upheld these Continue reading “The most indebted man in the world.”