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Yes. The US strongarmed Alstom into a merger with General electric for an insulting price (and with GE overly valued, even for people who actually believed in t

by orwin 2y ago

Yes. The US strongarmed Alstom into a merger with General electric for an insulting price (and with GE overly valued, even for people who actually believed in their cooked books). An Alstom's top executive was also inprisonned in the US during the talk. Trump only makes US corruption more visible. He did not make your country corrupt all of the sudden, he just put a shine on it.

gruez 2y ago
>An Alstom's top executive was also inprisonned in the US during the talk. Source? Are you talking about this? >On April 13, 2013, Alstom senior executive Frédéric Pierucci was arrested at the John F. Kennedy International Airport in New York. He was accused of willful blindness of his company's suspected corruption and was imprisoned in a high security facility for 14 months and denied release on bail until the week of Alstom's acquisition by the US conglomerate General Electric.[54][55] In late 2014, Alstom was fined $772 million by the DOJ, and admitted guilt under the Foreign Corrupt Practices Act in relation to bribes paid to obtain contracts in various countries.[56][57] https://en.wikipedia.org/wiki/Alstom#Judicial_investigations https://en.wikipedia.org/wiki/Alstom#Judicial_investigations The paragraph after also mentions their executives were prosecuted in the UK for other corruption charges, which certainly puts a dent in your implication that the US was somehow locking up Alstom's executives on trumped up charges to get leverage.
- orwin 2y ago
  Yes. I'm not saying the charges were fake, I said they imprisoned him specifically to have the other executives agreed to a signature on the contract (in my opinion , he deserves more than 14th month, but usually, executive don't get imprisonned for corruption, and suddenly get freed exactly at the moment of the signing). The signing, the french government agreement, the GE valuation, all that reeks of political corruption, but well :/
rbanffy 2y ago
> He did not make your country corrupt all of the sudden, So true, but I also think they are vastly increasing the destruction. It really feels like the country was taken over by corporate raiders stripping it for parts.

by orwin 2y ago

gruez 2y ago

>An Alstom's top executive was also inprisonned in the US during the talk. Source? Are you talking about this? >On April 13, 2013, Alstom senior executive Frédéric Pierucci was arrested at the John F. Kennedy International Airport in New York. He was accused of willful blindness of his company's suspected corruption and was imprisoned in a high security facility for 14 months and denied release on bail until the week of Alstom's acquisition by the US conglomerate General Electric.[54][55] In late 2014, Alstom was fined $772 million by the DOJ, and admitted guilt under the Foreign Corrupt Practices Act in relation to bribes paid to obtain contracts in various countries.[56][57] https://en.wikipedia.org/wiki/Alstom#Judicial_investigations https://en.wikipedia.org/wiki/Alstom#Judicial_investigations The paragraph after also mentions their executives were prosecuted in the UK for other corruption charges, which certainly puts a dent in your implication that the US was somehow locking up Alstom's executives on trumped up charges to get leverage.

orwin 2y ago
Yes. I'm not saying the charges were fake, I said they imprisoned him specifically to have the other executives agreed to a signature on the contract (in my opinion , he deserves more than 14th month, but usually, executive don't get imprisonned for corruption, and suddenly get freed exactly at the moment of the signing). The signing, the french government agreement, the GE valuation, all that reeks of political corruption, but well :/

rbanffy 2y ago

> He did not make your country corrupt all of the sudden, So true, but I also think they are vastly increasing the destruction. It really feels like the country was taken over by corporate raiders stripping it for parts.