tv Documentary RT December 13, 2018 7:30pm-8:00pm 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. 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 this office or inside the ministry this is the coffeecup of
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a convicted man. two months later and after a fierce jewel the two men meet again same office different atmosphere. the ministers stand straight and tall but is stunned and defeated the last 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. in a deal that was sealed in circumstances where the of a spy novel from prying eyes and public opinion on. the sale deals a terrible blow to french industry and its energy independence today this affair of state is shrouded in a deafening silence. the
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story begins in the city of bill ford this is where the company was born in eighteen 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 ever since then has played a major part in many major fridge projects it designed the propulsion system for the normandy then the world's fastest liner and connected france to spain by building a 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 to deal a ticket passed. from the four walls or the vault usually to good preach earlier. this year he developed to this into the.
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universe we call the v. e d l if you could do that you know and these are two hundred. in about a little is this a pharmacist. in june one hundred 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. that bin ship. you pointed when you korea was not any good enough if you don't it will if you want to. get anything out. so either she or mad at me thought it be allowed to be in the plan not outwardly. it pre-dawn of the men who tossed pearl said high more.
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this would prove as we see that milledge this genie. that genius brings the group international recognition and 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 fall begins a series of strategic errors led the group to bankruptcy in two thousand and three . of. the. book evolved. beach. and look who. was once saved. to back spectacularly in two thousand and seven the group recorded
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the best figures in its history boosted by the t.g.v. 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 bridge 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 jazz.
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america now the floor do not use the force as a stone put it washed away or to party. generally take the infamous you why don't get there leave it badly no loss and then again in the creeks and me out the dude are still at the clock here on the floor on the under street four 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. in a quiver care i take orders from your home he eats internet to mean that you own the b.s.e. a prison. to some to moan a condom out on the vine unless you do it don't you know what a fifty years out they are but all crazy dog doo set out cookies could not have flown as shown out in most year by t. call i don't really at all she do most certainly in ma i still use my my two d.
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do you have it all come out as good mean is totally going to me. as dolly i did take the most old also be all crazy dog you got job you know policies really. do ya google don't know 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 attack except i also think if you look at local factors means a lot of these you mean all false so on you i did google first on deservedly will to food on them is why stop them he did quote them 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 dont. got it all shows of course when i press you come among us and. we dug this and you may.
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just as you this time instead of only you to put them on. the gift mind that they meant the me to say that shen it don't go well no one bookie mfighter she need professor to others ok i met. my half ago they tend to poke at it and as you know person from all. capital parts of course if 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 it is. that's done that because it means of course not demagogue no longer book six they made it easy on the exception as one of the big vision the i league think 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
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this and he. says when he said are you that still me get my place means that are you that stone he will meet you said and then you are no one to bug 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 program for have found a power. now that 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 book on the. key. then tanzania no i said not a place probably as most petitions he has termed don't who could do city of it would let us that was he but you know their policy and they have no trust on cars forced on do not really to she did nationality. this is all tal. old
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place only only could see we don't do that it says in a comp we don't know when we will not it. is to numb the two as you've determined you to know it good person if you can are no one to book 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 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 are not disguise the music they play out on a manual that. shows. them all a clean way yonder of say tell us where you and it hasn't been at all it's. still false he saw there exists a levee you don't. want to do you care to conclusion do not have almost an hour early next you'll move lobbies don't sit you know use their own tam's of people these any on june twenty first twenty fourteen
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the agreement is signed by general electric and the french state the sale has become an alliance at this moment the battle fell 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 seeing a familiar face. bend and by all still management ignored by patrick grown and forgotten by his counsel of wondering when it will end. how did one ranking alstom executive lose everything overnight. why is he. these men who question him so insistently. want confessions about his company do they
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want from him. you. want to use the. broke it up since you think what's the point i'm exempt comedic i'm comfortable. impressed. with fact. bush i come up with the system goals but what do i get up i'll let you go for it what. the fuck are. you doing you know in the photo as the kid into the middle of. the mortgage with the bush no. more good fortune just a creature who has a purpose to your first thing that struck. the
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customer because. to resume survives a no confidence vote but now is a lame duck hard bragg's it blooms angle of merkel has announced or impending political retirement and emmanuelle moral legitimacy as president of france is in the balance the three pillars of the e.u. are on shaky ground is the euro project suffering a crisis of competence. what politicians do. they put themselves on the line they get accepted or rejected. so when you want to be president. or somehow want to or can't be good. i'm interested always in the waters of our.
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in twenty four tests the u.s. department of justice launches an extensive investigation and they suspect 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 contract 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 elaborately corrupt practices are revealed across the globe. even then they. do not point out. that.
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more. difficult. than the. political and. then it's. 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 the u.s. territory. it was it as you need to be able when you take the a playable u.s. law is the foreign corrupt practices act. you have sepia this allows the d.o.j.
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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 after them. over citizen do that was it says it. can make it or not us wants to see what it was a walk about to loom over cities if the example system to communicate your door in . a battle did you know was it easy pull it was actual. example a slot phone. if you. take it if. it is unique. with a refusal to cooperate the d.o.j.
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is prosecution intensified in april twenty first team while traveling to the united states. a one time alstom executive was arrested. you won't believe. evade you. do it security. i think. we. need to. it's not just for the who's 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.
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want to do. in paris on february the ninth twenty fourteen at the log serious bristol hotel 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. and its economic and legal difficulties are evaporating into the american sky perhaps the department of justice will even defer the payment
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of the five patrick crown this is the exact moment when irrevocably became america's. that's what he did johnny treat it be a that he. said. so yeah the core of the ocean is a deval in the late people forget it and they just don't think once it just given you a few teeth ask you know you know mom didn't have boarded up these are doing to me and if you're late to get off and see who else on today's date on this you know
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solo up ya me do don't see the. india's i want it i'm all for peaceful too gentle sickly delusional to appease already a problem another country under circuity oh it is you need to quit died to me and please always he who sees her by the way and question because they were devoted to the place you. develop some of these are truly differences but google more. exceptional they need the absolute. people who only had to take a look at all the folks that they have it is a 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 and that alstrom executives are detained by the f.b.i.
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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 the news is false and use 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 ma at the french national assembly. hall. yeah. because fifty year. i see. sure sutton on the cement be. a tank it surely sure sure sure sure like his junk sure. sure yes says. question thank you to the more they.
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do something more that afic works as well as i can see it. but no proof i'm going to a community. and on the other commodity today patrick runs a vase of makes more sense to. it at emmel is so that it on the over be accurate. enough you know money goes the place you're safe as a dish out of the economy social issue up by at this hour the quo 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 . the commission is that i can to meet all of the loss of innocent and internet to
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barrackpore develop possibly. middle class was it as you need intellect just give you a feel it of course it has to be until about among us at a fair listening regional problem of western media loves that we are numb for some peers e.g. 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 there have been american british and french companies a twenty six million dollars fine was paid by the gray company in two thousand and
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seven after it was bought by general electric this was described as the biggest fine ever imposed under the foreign corrupt practices act eighty years later that record is beaten by these lawsuits have systematically put pressure on the companies concerned facilitating 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. so it. does explain more. don't. worry. if you don't.
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wish sure not all. emanuel. successor to our newmont to bug in the role of minister of economy shares this opinion is it was a good act. this. moment. you can pull over so you do good i post get if it's made to fit on this you call it . on the fee as you say could end up and exit polls you don't have you can now freelance clayton's on second look which went to him. and get up at mc we tried team knows what level it was at and that was until this woman never again we had let there be a no is a demo. tapes he explicit talk and all that lesson yet you only need one
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he said he can't bet on the nightly can dissolve knew that one day he did a cynical point all sail solving of the astral porsche danced on a screws that hold that he knew existed then they. really should hold on to it is it will do persones if i did a quark which was a. you know to please. a tweak citron surely sell your marshall she can. get him to go to tweak. the whole mimo you have to leave out the money i did a bow as you feel would she. want to do easy prion disease. duvalle division noticed i'm annoyed with it it will be a more play because i go above it all meant all composites. of wash day go to work on top ways. it has sort of bhakti he concludes on chanelle a few minutes on vietnam and screech will be no job in those so mighty dos a lot of men can crawl to memory of the which will be shite make it
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a less free disability are strange while a clique elite almost absolute. because up a whole pond to say if whitey that toy before. said lesson plan and ease defeat the communities action committee has announced an eight. could it be that this to be. it has to do. in the she did i mean it is. you know i work with potential school shooters for a period of twelve years and none of the students we work with in our facility the
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syllabi ever went on to commit a school shooting so that gives me hope that if you catch the students early enough and provide the kind of support and mental health treatment that they need but they can come out of the crisis. in this economy who gets in debt deeper is the winner because everyone's going to default simultaneously in a way to have the biggest debt you're the winner that's it so absolutely right to get us to from twenty two to thirty to thirty five to forty trillion dollars and that's the best way to grow the economy without down. there on the cheap. and then. let's. come to.
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this. this is what we don't understand how we are in such. the soon to run up or lose similar similes john a good one you need one leg because if you feel if the minutes of on were not there got to meet belief again in the world with the phone about the cup with and without the plane. would come back to the three story if you had to see it. at any any bets the. loop the. loop of the. russian two days notice for richer. or months against the soviet union that was on current it was they solve the live
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