Team Spirit (film) Team Spirit (film) Team Spirit () is a 2016 French drama film directed by Christophe Barratier. Based on the true life story of Jérôme Kerviel, 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 billion. Kerviel was born in 1977 in a small fishing town in Brittany. He and his brother were brought up simply by their hardworking parents who were devoted to each other. He earned a Master's degree in Finance. In 2000, the Société Générale recruits
Jérôme Kerviel claim that throughout 2007, Kerviel had been trading profitably in anticipation of falling market prices; however, they have accused him of exceeding his authority to engage in unauthorized trades totaling as much as €49.9 billion, a figure far higher than the bank's total market capitalization. Bank officials claim that Kerviel tried to conceal the activity by creating losing trades intentionally so as to offset his early gains. According to the BBC, Kerviel generated in hidden profits at the beginning of 2008. His employers say they uncovered unauthorized trading traced to Kerviel on 2008. The bank then closed out these positions