In January 2008, Société Générale, revealed that dealer Jerome Kerviel had exposed the bank to 50 billion euros in seemingly unhedged and unauthorized trades, resulting in 4.9 billion euros of losses when his positions were investigated. This case offers the opportunity to learn more about the failure of the bank's internal controls as well as the motivations underlying Kerviel's conduct, in addition to other sociological and organizational factors in this episode and the more comprehensive 2008 financial catastrophe.
PUBLICATION DATE: January 25, 2011 PRODUCT #: INS227-PDF-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
Related Case Solutions & Analyses:
Julia Stasch (A)
Oxipouco – An Endangered Species Resource Negotiation (A): SuperPharma – Confidential Instructions
Russell Mehta at Rosy Blue: A Diamantaire for Life!
Budget Woes and Worse Ahead…
Getting the Right Payoff From Customer Penalty Fees
Intel NBI: Intel Corporation’s New Business Initiatives (A), Spanish Version
Maggie Lena Walker and the Independent Order of St. Luke
An Inside View of IBM’s ‘Innovation Jam’
Instituto Nacional de Biodeverisdad – INBio, Spanish Version
Avon Products (B)
