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
The Bank for Savings in the City of New-York its founders and first directors were Thomas Eddy, William Bayard Jr., DeWitt Clinton, Archibald Gracie,Cadwallader D. Colden, John Pintard, Matthew Clarkson, Peter Augustus Jay and Brockholst Livingston. Although many credit Eddy with founding the institution, Bayard, who was also a director of the Bank of America founded by Amadeo Giannini, served as the bank's first president. It later merged with the Buffalo Savings Bank in 1982 and its name was subsequently changed to Goldome. The bank is no longer extant today. The Bank for Savings in the City of New-York The Bank for Savings in the City of New-York (1819