How much is $7 billion? Rogue trader damages eyed

Associated Press
Former trader Jerome Kerviel leaves his lawyer's office in Paris, Wednesday, Oct. 24, 2012. The Paris appeals court on Wednesday ordered former Societe Generale trader Jerome Kerviel to spend three years in prison and pay back a staggering euro 4.9 billion (about $7 billion) in damages for one of the biggest trading frauds in history. (AP Photo/Remy de la Mauviniere)
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Former trader Jerome Kerviel leaves his lawyer's office in Paris, Wednesday, Oct. 24, 2012. The Paris appeals court on Wednesday ordered former Societe Generale trader Jerome Kerviel to spend three years in prison and pay back a staggering euro 4.9 billion (about $7 billion) in damages for one of the biggest trading frauds in history. (AP Photo/Remy de la Mauviniere)

PARIS (AP) — The Paris appeals court has ordered former Societe Generale trader Jerome Kerviel to spend three years in prison and pay back €4.9 billion (about $7 billion) to the bank in damages for one of the biggest trading frauds in history.

If that sum sounds a tad dizzying, it is. Here's some perspective on $7 billion:

— Kerviel used to take home a salary and bonus of under €100,000 (about $155,700) a year. For him to pay off those damages, he would have to work 49,000 years.

— It's about double the amount of money that Facebook made last year.

— It can buy 17 million Ferraris.

— It can buy 20 Airbus A380 superjumbo jets.

— It's the size of the economy of the eastern European nation of Moldova.

— It's way more than the cost of the 2012 U.S. election (projected by analysts to be around $6 billion.)

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