Fine: €4.9bn

Jérôme Kerviel, a French rogue trader, was last week sentenced to jail and he has to pay Société générale a dazzling  €4.9bn, the amount of money his risky strategy costed his former employer in 2008. Kerviel accepts his detention, but according to him the fine is ridiculous, as it equals the GDP of Monaco; at his current wage, it would take him about 177.000 years to repay this sum.
He believes the imprisonment is good to scare of other rogue traders to do the same, but the monetary penalty is much to high, as he believes not only him, but more employees of the bank are responsible for the loss.
But his decisions endangered about 144.000 jobs, including his own, and did put SocGen in some serious problems.

Pieter Vanwelsenaere

Source: guardian.co.uk

http://www.guardian.co.uk/business/2010/oct/05/jerome-kerviel-jail-sentence