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From Société Générale's perspective, the case was about accountability and responsibility. The bank acknowledged that its internal controls were inadequate and that it had made mistakes. But, it placed the blame squarely on **Jérôme Kerviel** for his actions. They emphasized that Kerviel had acted deliberately, with the intent to deceive and defraud the bank. The bank's argument was that it had been a victim of Kerviel's fraudulent activities and that it was entitled to compensation for its losses. Société Générale's perspective was to protect its reputation and to reassure its shareholders and stakeholders that it was taking steps to prevent similar incidents from happening again. This involved implementing new risk management systems, strengthening its internal controls, and increasing regulatory oversight. The bank also cooperated with the authorities and participated in the legal proceedings against Kerviel. They wanted to send a clear message to the financial industry that such behavior would not be tolerated. Société Générale's role in the case was to repair the damage to its reputation. They showed that they were committed to preventing similar incidents in the future. Their actions were focused on accountability and responsibility. This helped to restore confidence in the institution and in the wider financial system.
