2008 Société Générale trading loss the bank. Kerviel joined the middle offices in the bank Société Générale in the summer of 2000, working in its compliance department. In 2005 he was promoted to the bank's Delta One products team in Paris where he was a junior trader. Société Générale’s Delta One business includes program trading, exchange-traded funds (ETFs), swaps, index and quantitative trading. Bank officials 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
T,O,U,C,H,I,N,G effects to elicit emotional and psychological responses in viewers. T,O,U,C,H,I,N,G T,O,U,C,H,I,N,G is a 12-minute short film directed by Paul Sharits in 1968. It uses many of the strategies characteristic of the structural film movement, including a static frame, flicker effects, flash frames and continual audio and visual repetition. The audio track consists exclusively of the filmmaker uttering the word "destroy" over and over until the word begins to lose its meaning and creates the impression of different combinations of words being spoken. Unlike many clearly algorithmically-driven films of the structural film movement, "T,O,U,C,H,I,N,G" does not simply follow a sequence of