Jérôme Kerviel SocGen's stance in his case, Kerviel met with Pope Francis outside the Vatican on 19 February 2014, and undertook a pilgrimage from Rome to Paris against the "tyranny of the markets". On 8 September 2014, Kerviel was released from Fleury Merogis prison, having served less than five months of detention. He was to begin a job with an IT consultancy firm. Jérôme Kerviel Jérôme Kerviel (; born 1977) is a French trader who was convicted in the 2008 Société Générale trading loss for breach of trust, forgery and unauthorized use of the bank's computers, resulting in losses valued at €4.9
Credit rating agencies and the subprime crisis institution, but notifying management of any such interview was the responsibility of the employee. After getting a job at an investment bank, former employees were barred from interacting with Moody's on "the same series of deals they had rated while in its employ", but not on any other deals with Moody's. What was it ex-rating agency analysts might show their new employers? According to the hedge fund managers Michael Lewis talked to who had bet against mortgages securities, there were a number of ways to game or "reverse-engineer" the raters' models. Rating agencies judged creditworthiness of a pool of loans