2008 Société Générale trading loss on January 28, 2008 with abuse of confidence and illegal access to computers. He was released from custody a short time after. The charges filed carry a maximum three-year prison term. On January 29, 2008 investigating judges Renaud van Ryumbecke and Francoise Desset had rejected prosecutor Jean-Claude Marin's bid to charge Kerviel with the more serious crime of "attempted fraud" and refuse bail. Société Générale characterizes Kerviel as a rogue trader and claims Kerviel worked these trades alone, and without its authorization. Kerviel, in turn, told investigators that such practices are widespread and that getting a profit makes the hierarchy
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