Breaking the Bank: One Trader, 50 Billion

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Synopsis

In January 2008, French bank Société Générale announced a sudden loss of €4.9 billion. The result of €50 billion in hidden positions, the staggering loss was linked to unknown trader Jérôme Kerviel. But how could one man single-handedly threaten to upend his bank and the global financial marketplace? And how did billions in hidden transactions go undetected? With interviews from Kerviel and his former superiors, as well as insights from lawyers, politicians, and economists, this docuseries revisits the frantic aftermath, media frenzy and legal case that followed. A riveting look at the crisis from all sides, Breaking the Bank: One Trader, 50 Billion chronicles the rise and fall of a young trader who gambled at the highest level in a scandal that exposed deep flaws in the financial system.