Jérôme Kerviel upheld the October 2010 sentence to three years in prison with another two suspended, and ordered Kerviel to reimburse 4.9bn euros to Société Générale for its loss. In March 2014, a French high court upheld Kerviel's prison sentence but ruled he would not have to repay €4.9bn. On 7 June 2016, condemned Société Générale for unlawful firing of Jérôme Kerviel. Société Générale said it would appeal. In April 2008, following Kerviel's provisional release, he was hired by Lemaire Consultants & Associates, an information systems and computer security consulting firm. While awaiting a ruling on his legal appeal and still protesting
Michael Marcus (trader) Clark University. At one time he was a devout follower of the Maharishi Mahesh Yogi. Michael Marcus (trader) Michael Marcus is a commodities trader who, in less than 20 years, is reputed to have turned his initial $30,000 into $80 million. Marcus began his trading career in 1972, when he bought plywood futures with his life savings of $7000. In the summer of 1972 President Richard Nixon froze prices of some commodities, but the futures contracts rallied sharply, increasing Marcus' stake from $700 into $12,000. In 1973 he turned $24,000 into $64,000. He also used Freight derivatives. Marcus learned money