Jérôme Kerviel His trial began on 8 June 2010. On 2010, he was found guilty and sentenced to five years of prison, with two years suspended, full restitution of the $6.7 billion which was lost, and a permanent ban from working in financial services. Caroline Guillaumin, a spokeswoman for Société Générale, stated that the restitution was "symbolic", and that the bank had no expectation that the sum would be paid. Olivier Metzner, Kerviel's lawyer, described the sentence as "extraordinary" and said that Kerviel would appeal. Kerviel's sentence was suspended until his appeal was completed. On 24 October 2012, a Paris appeals court
Tom Baldwin (trader) 1980s, hedgers and speculators preferred trading in treasury bonds. Baldwin followed this trend. Baldwin experienced success as a bond trader, and leased a seat on the Chicago exchange. As a full member director of the Chicago Board of Trade, Baldwin has served on its executive committee and Commodity Pool Operator/Commodity Trading Advisor committee, in addition to other positions. He currently serves as Chairman of "Baldwin Group Ltd.", the parent company of several investment and financial services. Companies in the group include: Baldwin Commodities Corp., a Treasury Bond Futures proprietary trading company, and Baldwin Managed Futures, a CTA. Baldwin is also