We're here to judge a man said Dominique Pauthe

Line o trucks o tele ision outside, swarm o cameras and microphones inside orest... Atmosphere o the great day yesterday or the irst day o the trial o Jérôme Ker iel. The ex-the Société Générale trader, sued or breach o trust, orgery and use o alse and " raudulent introduction o data" in a computer system, de eloped ten minutes to cross the Hall des pas perdus o the Palace, under the Cree and the "Jérôme here" photographers. Protected by his lawyer, MeOli ier Metzner, he entered the courtroom.

Hâlé, dark suit, white shirt and tie rose, the young man has not betrayed his short legend: he went to sit on a Chair to the tribunal, cross-legged, alsely detached air. Only sign o tension, rom time to time, the jaw is green. "Jérôme Ker iel, unmarried, computer consultant", occurs in the classic questionnaire o identity.

Each gauge

To him, Dominique Pauthe is to to show that he knows all about the record and especially that he studied and understood the opaque system o trading rooms. During more than an hour and a hal , the President o the correctional 11echambre o Paris took the loor, spoke "warrant, turbo warrant, orward..." "The only way to escape a directional position, is to co er", he explains including. He masters the record on the ingertips. He knows that counsel or the trader ha e criticized the statement or his supposed bad master inancial mechanisms. Jérôme Ker iel takes notes. When the trader seeks to make a comment, Dominique Pauthe interrupts it a sec: "I would ha e not gi en you the loor." Each gauge is. The lawyers also. Oli ier Metzner and Jean eil, a counsel or Société Générale, to send accomplices eye shots hide the carni orous smiles e il. Which o the two tenors de our the other

The atmosphere gradually relaxes. "We're here to judge a man", said Dominique Pauthe. irst small con entional con rontations on procedural issues. Discussed the arri al or non-Daniel button, the ormer leader o the Société Générale. A small shareholder wants to cite it as a witness, not de ense, much less the General society: "A courtroom is not the Barnum Circus", rebelled Jean eil; President Pauthe scathing reply: "And its President Mr. Loyal perhaps" The question is returned at the end o trial.

"A pro ession o the extreme".

In mid-a ternoon, the examination o Jérôme Ker iel begins. "Who are you Mr. Ker iel" launches Dominique Pauthe. The trader calmly answered questions, apparently sa e rom him, a little eiled monotone track. It describes its acti ities as "a pro ession o the extreme". "". "I was working rom 7 to 22 hours, at noon, I déjeunais a sandwich on the corner o the O ice," he says at the helm. In response to this testimony, the President Pauthe reads the assessment o the young trader by his superiors in 2005: "Be it household rest time" and "it is is not enough this boy".

The judge attempts to humans in the smooth sur ace displayed by Jérôme Ker iel; He addresses technical and trading operations. "You are per ectly normal," loose Dominique Pauthe a ter reading the report o the psychologist who saw him during the trial. "Then how do you explain this gear." How do you explain the discrepancy between the ends o your pro essional acti ity and a airly bleak daily "he asked. The "encouragement" o his superiors had urged to "continue" in its strategy o positions, repeat the ex-trader.

The hearing continued with questioning by Claire Dumas, Deputy international operations o the company at the time, quoted by the Bank. It tells the hours that preceded the announcement by the Société Générale o 4.9 billion euros loss. "48 Hours the weekend o 18 and 19 January preceding the announcement, 40 people ha e been mobilized to search or a needle in a haystack o raudulent transactions in a book o 100 million operations", tells, stressing the "unprecedented iolence o disco ery" that the team will be o er hours. "In addition, we ha e rom us a bar o SOAP, a man who spent his time to lie and we were unable to know the truth."

Remains to know why How Jérôme Ker iel could one year produce thousands o ictitious operations that people not noticing. Claire Dumas could only admit that the system o control o Société Générale was ailed. Today, the Court must hear Jean-Pierre Mustier, the head o the in estment bank at the time o the acts.

All about Ker iel trial on lesechos. r/dossierlesechos. r/dossier