tv Documentary RT December 13, 2018 11:30am-12:01pm EST
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a senior executive said happily in his private jet after just pulling off quite a coup. he has secretly initiated the sale of one of france's biggest companies. even so before landing into the bush he becomes quite disillusioned the agreement has been leaked to the media taken by surprise he now has to justify his actions. even take it or he knows that a government member is waiting for him. to know montebello minister of the economy is demanding an explanation how dare he sell without consulting the state the deal must be cancelled the c.e.o.'s refusal threatens a social plan tensions rise and it's pointed out that the minister has already broken other bosses and their dreams and he will be next this is the last time he will stand in his office or inside the ministry this is the coffee cup of a convicted man. two months later and after
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a fierce jewel the two men meet again same office different atmosphere. the ministers stand straight and tall but is stunned and defeated he lost in the show of strength with the c.e.o. his defeat is also france's defeat. were. the c.e.o. is patrick cronin. the company sold to the u.s. without consulting the french data. in a deal that was sealed in circumstances where the of a spy novel from prying eyes and public opinion in. the sale deals a terrible blow to french industry and its energy independence today this affair of state is shrouded in a deafening silence. story begins in the city of bell. ford this is where the company was born in eight
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hundred seventy two and since then it has literally shaped the region initially called as a c.m. the alsatian corporation of mechanical engineering the company adopted the name in nine hundred twenty eight when it merged with the company francaise thomas who's done ever since then has played a major part in many major french projects it designed the propulsion system for the normandy then the world's fastest liner and connected france to spain by building the train tunnel under the pyrenees and then built the turbo generators for the biggest power station in the world of germany but for the people of bell ford is so much more suited to deal a ticket passed. from the four wall for the vault usually to good preach see earlier. this year when he developed to this into the. previous institution. we call the shoulder v. u d l.
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do they you know and these are two hundred. in about a little while is this a pharmacist. in june one thousand forty four france had been freed but almost destroyed by four years of war contributes to the political project of rebuilding and modernizing the country to critique us explain me don't do. you pointed. out any good enough look if you don't it will if you want to. get anything out loud then you started immediately. so either she or mad at the thought of the baby now a lot of ideas begin to plan not outwardly. it print all of the men pearl save him more. is for proof as to see that milledge it is this is a genie. that genius brings the group international recognition and
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it will enjoy a golden age from the one nine hundred sixty s. on words. they live off. yet. but the nineteen nineties is when the full begins a series of strategic errors led the group to bankruptcy in two thousand and three . of. the. book evolve. reach the. beauty of this show and look past who. was once saved. to back spectacularly in two thousand and seven the group recorded the best figures in its history boosted by the t.g.v.
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historic speed record worldwide by eight hundred million viewers why then in two thousand and fourteen did everything suddenly change on the morning of the twenty fourth of april bloomberg revealed that in a surprise move was selling its energy branch which accounted for three quarters of the entire group to the american giant general electric and the economy minister at the time. is done. so. thank you. to. my. year yes. now the floor do not use the force as. they are too batty.
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now it's almost you i don't get to leave it it barely knows also i mean again it clicks. me out to do it out. clark here on the floor on the under steve or says are no mountain berghain however been questioning patrick grown over his intentions for months with his back to the wall his reaction is a media and a particularly strong among who also comport to. in the cover care but take on those for whom he eats internet to mean that you own the best. to some to moan. not on divine ness whom it took you know what a fifty years out they are but oh crazy dog to set out cookies good not alone i should add it most you buy t. call i don't really at all she do most certainly in ma i still use my my to do you have it all come out as good meanies kodaly can know me but only as dolly i did
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think the most old also be all crazy don't you crack jar you know policies really mouth that there are no war is declared between the two men and the first battle takes place in a public arena shows on the pleasure it new potential in the naked on june. fourth don't succeed to conciseness bustin except i also think as you look at the vatican is means a lot of these you mean all false so on you i did google first on deserve all doing well by do food on them is why stop them eating the problem such as each suppose it should sit x e t in a she see two shook you know but i think he does she do it on i don't. got a call shows of course when i press you come one. this and you may. just as you this time mrs investor vandeven we used to put them on. the gift minor payment did meet international well known bookie fight all she need professor to
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others ok i met. my half ago they tend to poke at it and as you know person from all. capital patrick when i see skip i felt unable to sway public opinion patrick crown receives heavy support from his american partner general electric together they launch a media counter offensive upon us what if we don't use that at all to do not obey is that they did. that's done that because it means of course no demagogue no longer book six they made it easy on the exception as one of the big vision they are really plagued if they e-mailed good sources and also all of us all caught on to my scrooge just all along saying oh we're on the trail don't know your old dog out say israel are always where you're going to face your heart's forsaken jerusalem building or she had been i was like you seriously don't they come to love point to point to this and he. says when he said are you that still me get my place means that are you that stone it will meet you said and then you are no man to bug
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seems helpless against the general electric machine backed by major banks law firms and communications specialists the fight already seems to be lost on the poker craft. and it is unique as a dentist as soon as tim but in a dramatic twist the minister pulls a new weapon from his pocket and invites himself to the negotiating table you know now to take home one bookie. keep them in it then to india no i said not a place probably as most petitions he has termed don't through could a city of it would let us to proceed in a day upon us and they have no trust on cuz folks on do not really to she denies united. this is all tal. our old place only only could see we don't see real sense in a cop we don't want. them to numb ditto as you've told you to know
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it good person if you can are no one to bug had achieved an incredible act of sheer force he had transformed the general electric else dumb pairing into a tripartite partnership with the french state in the areas of renewable energy and nuclear power it appeared that french interest and sovereignty had been preserved so it was it that going to play morning was that they often than not discuss the music they play out on a manual that. and you look at shows. on them oh a clean way yonder a fake set that you know is where you go and it hasn't bought equal cookies do you want to steal false he saw ruefully there exists a levee you don't do well the most difficult not is not that i don't you care to conclusion do not diplomacy now the next you'll move lobbies don't see to not use their own tam's of people these any on june twenty first twenty fourteen the agreement is signed by general electric and the french state the sale has become an
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alliance at this moment the battle file storm appears to have been won however we have to go back a few years to understand the stakes. of the fourteen months fourteen months in a foreign prison fourteen months of never seen a familiar face. bend and by all still management ignored by patrick grown and forgotten by his country. fourteen months of wondering when it will end. how did one hundred ranking alstom executive lose everything overnight. why is he. these men who question him so insistently. want to confessions about his company do they want from him.
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i've been thinking the numbers mean phone they matter you have that with one trillion dollars in debt more than ten white collar crime tampa bay. eighty five percent of global wealth you want to be all for rich woods. six percent market saw thirty percent from last year some with four hundred to five hundred three per second per second and bitcoin rose to twenty thousand dollars. china is building a two point one billion dollar a i industrial park but don't let the numbers overwhelm. the only numbers you need to remember is one one distance shows you can't afford to miss the one and only. join me every day on the alex simon show and i'll be speaking to guest of the world
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of politics sport this list i'm showbusiness i'll see that. he has there's a saying. i think they're going to cheat us and then we went through all the country stuff let's ideas that right just go to us companies he said if we give them everything that's lifting to bust. this country. this is what we don't understand how we are in such a country. as a person to the ones at the same time. it was a monumental. assume to run up a similar similar. not good why do you need one but i guess the because if you feel
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if the minutes of on board not that we got we can we believe again in l a do with the phone about a couple of steps without the plane. would come back to the place story you have to see. at least in the best the. mood for. the. you know world big partisan movie modifiers and conspiracy it's time to wake up to dig deeper to hit the stories that mainstream media refuses to tell more than ever we need to be smart we need to stop slamming the door. and shouting past each other it's time for critical thinking it's time to fight for the middle for the truth the time is now for watching closely watching the hawks. in
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twenty years and u.s. department of justice launches an extensive investigation into they suspected the french company of using corrupt practices for more than ten years to will contracts in many countries initial suspicions concern bribes allegedly made to members of the indonesian government in return for the contracts to build a power station refuses to cooperate with the u.s. department of justice but the investigation continues regardless and extends to other suspected cases in taiwan saudi arabia egypt and the bahamas systematic and deliberately corrupt practices are revealed across the globe. even then they. do not point out the true answer let us finish off at. the victim or do you think. accounting for this eclipse you.
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can then assume. then. that you will go although already condemned abroad it's surprising that alstom should simply brush the u.s. prosecution of. corporate leaders are convinced that the u.s. department of justice has no jurisdiction over events that occurred outside. u.s. territory to take this to the extent that it early to do i mean again. and again can see their capital in one of these. dogs. that if you use it as you need it will be able when you take the a political us law or is the foreign corrupt practices act. you have sepia this allows the d.o.j. or department of justice to prosecute a foreign company for corrupt practices not on u.s. soil provided that the company has an identifiable connection to the united states
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after the moves it. was that. i mean they can make it although. it was a walk up to a limo was it easy for example system to communicate door. america after did you know was it easy. example or a sat phone. if you. get it please keep. it is unique. with tom's refusal to cooperate the d.o.j. is prosecution intensified in april twenty first team while traveling to the united states frederick a one time executive was arrested. you won't believe. as you
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just evaded. security. i think. we. were you. know it just for the record ruchi who is under arrest three other former employees some of whom have been retired for years before american courts they plead guilty to corruption judges and the case against becomes overwhelming. you do i mean yeah i mean. you don't. want to do. in paris on february the ninth twenty fourteen at the lug serious bristol hotel
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patrick crone meets the general electric see this is the first encounter the first face to face meeting between the two men chronos temps above all he wants to sell for the company he hopes to free both and himself from the clutches of the american justice system therefore places a condition on the sale general a big trick. settle any fine for. the general electric c.e.o. accept and commits to the condition having killed two birds with one stone patrick pop the champagne. has been and its economic and legal difficulties are evaporating into the american sky perhaps the department of justice will even defer the payment of the five patrick crown this is the exact moment when irrevocably became america .
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to do. the next. that's what he did genetically it be a that. and also. so you have the core of the ocean deval in the late people forget it it's an atheist it's one thing to hans it just kind of a new if you heath ask you know you know mom didn't have boarded up bodies are doing to me if only to get off and see who else on today's date on this you know solo up the army do i don't see the book is already doing these i want it more for peaceful to general sickly delusional not to appease already a problem another country under circuity zero it is you need to create died to me and he's always he was she said by the way and question because they were devoted
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to the place you. develop some of these are to the differences but google more. exceptional play need the absolutely most. people who own hundred they look up all the folks that they have it is it delete them again. within days it is unique despite several alstom executives being arrested from twenty fourteen onward patrick cronin his team went to the united states several times never arrested nor concerned they could proceed with the sale to general electric and peace it's hard to imagine that at the same time very true she has been imprisoned for a year from executives or detained by the f.b.i. the moment they set foot on american soil so much so that else dom's director of legal affairs urges company managers not to travel to the united states strangely patrick cronin remains welcome tonight to news is false and use
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a simple ordeal look like tomorrow in france however patrick runs astonishing ability to enter and leave the united states on hindered is raising eyebrows he's questioned by m.p. jack at the french national assembly. hall. yeah well don't. economists fifty years. sure sutton on the cement be. a tank it surely sure sure sure sure like his junk sure. sure yes says it's a question thank you to the more those. who do something more that afic works as well as i can see it. but no proof i'm going for it by committee. surely can't ship. and on the other
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commodity today patrick runs a vase of makes more sense to. it it is so that it on the over be accurate. he left you no money goes the place you're safe i had this shot of the commie socialist. and at this hour the cuomo city postulate a total manali medicare bonaire merica. last many allege if i ask you do you see even unit m.l. is sitting there going at it a compliment of your commissions that our economy only monday called on it is that we. commission is that i can to meet all of the loss of innocent internet. or develop possibly. middle class or is it as you need intellect just couldn't feel it of course i just give you an tell about among us at a fair listening regional problem of western media loves that we are numb just
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a sock usually a p.c. . thank you. and this isn't general electric's first attempt over ten years the american company has bought five companies that were being prosecuted by the department of justice for corruption the pattern is always the same an investigation is conducted and an acquisition unfolds under the threat of conviction and a severe fine which is avoided have been american british and french companies a twenty six million dollar fine was paid by the gray company in two thousand and seven after it was bought by general electric this was described as the biggest fine ever imposed under the foreign corrupt practices act eight years later that record is beaten by these lawsuits have systematically put pressure on the companies concerned facilitating
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a purchase by general electric for patrick cron admitting a connection between any corruption prosecution against him and the acquisition of dom is out of the question according to the c.e.o. the reasons were purely financial some experts and journalists even said the same thing at the time of the sale. if you don't get. it does she explain more. don't. worry. if you don't. wish cheryl don't. disappoint me. emanuel mccrum the. successor to on
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a monthly book in the role of minister of economy shares this opinion as it was it is from a credit act. this group. says it can pull over so you do not have been state if it's made to fit on this you call it. on the fee as you say could end up alcoholic suppose you don't have you can a freelance. second look which went to him. and get up at mco each month even knows what level to set and it was until this woman never again we had let there be a no is a demo. tapes be explicit so look at all the lesson yet you only need one he said he can do but on the night he clicked on his own news that one day he did a cynical point all sale sounding to the austrian posh danced on a screws that hold that he knew existed then they. really should hold on to it is it up all the persones if i did a quark which was
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a. ja to a please. surely sell your marshall she can. get him into god you know how to tweak . the whole mimo you have to leave out the money i did a bow as you believe she. shauna do easy prion disease. divinely judicial notice i'm annoyed with people vehemently chris i go above it all meant all composite. was image of washed it through got a vote on. it has sort of bhakti he concludes on chanelle it can only john be an almost spiritual being a digital being there's so many to dos a lot of men can crawl to memory of the which will be shite make it less free decide to join charlie clique elite almost absolute. because up a whole pond to say if i did that toy before. said lesson plan and ease
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defeat your communities action committee has announced an eight. yeah. he's a mini camp was all dreamy trees can you get he could see that just to be. he could to me that the mall v.l.a. the. mall do need to live video simple keys. and then he can do again you develop in the she didn't mean it in. this economy who gets deeper is the winner because everyone's going to default simultaneously and with the biggest debt you're the winner that's so absolutely right to get to from twenty two to thirty to thirty five to forty trillion dollars and that's the best way to grow the economy without doubt.
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they put themselves on the line to get accepted or rejected. so when you want to be president. some who want. to go on to be pros this is what. three of them or can't be good. i'm interested in the waters and. so what we've got to do is identify the threats that we have it's crazy to let it be an arms race. spearing dramatic development that only. exists i don't see how that strategy will be successful very critical time to sit down and talk.
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