Société Générale Kerviel's lawyer called for his client to be acquitted. The ruling was announced on October 5, 2010, at 11 am. Jérôme Kerviel was found guilty of the three charges filed against him: breach of trust, fraudulent inputting of data into an IT system and forgery and use of forged documents. He was found to be solely responsible for the record loss suffered by Société Générale in early 2008, and was sentenced to five years in prison, with two of those years suspended, and ordered to pay damages of 4.9 billion euros to the Bank. Jérôme Kerviel immediately launched an appeal
Livret A offered by La Banque Postale and the Groupe Caisse d'Épargne as of 2008. Since January 2009, it has been offered by all French banks. As of 2015, only one account may be held by an individual, with an amount from 10 Euros to 22,950 Euros. During the French presidential election, 2012, François Hollande, who was elected as the President of France, announced his intention to raise the individual amount to 30,600 Euros to build 150,000 new HLMs. In 2008, 46 million French citizens or residents owned a Livret A, for a total amount of 128,1 billion Euros in late 2007.