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
Administration and liquidation of The Rangers Football Club plc account from Bank of Scotland following the financial crisis of 2007–2008. In October 2009, first-team manager Walter Smith claimed that Lloyds were effectively running the club. Rangers then entered a dispute, known informally as the 'big tax case', with HMRC, regarding their use of employee benefit trusts (EBT) between 2001 and 2010. A tax bill potentially running to £49 million, including interest and penalties, was assessed by HMRC in 2010. Rangers argued that their EBT scheme was a legal method of tax avoidance. The scale of the potential liability led then-chairman Alistair Johnston to admit in 2011 that the club