With Complete Impunity
With Complete Impunity:The Scandalous Destruction of Alcatel Alsthom, by Pierre Suard
Translated from French by James E. Terrell
Par Pierre Suard le jeudi, mai 27 2010, 14:59
Par Pierre Suard le jeudi, mai 27 2010, 14:57
Translated from French by James E. Terrell
French words and phrases. Certain
French words and phrases are not easily translatable into English
because they have special meanings and no real Anglo-American
equivalent—such as the names of the various French courts. As a
result, the French words are used in this translation. Below is a
list of those French words and phrases, along with a brief
description of each:
Par Pierre Suard le jeudi, mai 27 2010, 14:55
took only 20 years from the dazzling flight of Alcatel until its
disappearance without glory into the fold of Lucent. The industrial
world is brutal for those who fail to adapt to its changes, with its
movements and capriciousness.
Par Pierre Suard le jeudi, mai 27 2010, 14:54
by Stéphane Guérin
Par Pierre Suard le jeudi, mai 27 2010, 14:50
– it is first of all to ignore being offended
or abandoned by one’s family.
de Gaulle, “The Blade of the Sword”
Par Pierre Suard le jeudi, mai 27 2010, 14:48
is not for me; it is for those who have
at the conclusion of his trial
Par Pierre Suard le jeudi, mai 27 2010, 14:46
volo, sic jubeo, sic pro ratione voluntas.
want it, I order it, my desire takes over the place of reason.
Par Pierre Suard le jeudi, mai 27 2010, 14:44
the judge and you will find the executioner.
Par Pierre Suard le jeudi, mai 27 2010, 14:42
who betrays loses, and others with him.
La Chanson de Roland
Par Pierre Suard le jeudi, mai 27 2010, 14:38
Discernment is the principal function of a judge
and the necessary quality of judgment.
Bossuet, Sermon on the Guardian Angel
Par Pierre Suard le jeudi, mai 27 2010, 14:31
Henceforth I will only be a powerless witness of the decadence.
Charles de Gaulle
Par Pierre Suard le jeudi, mai 27 2010, 14:29
There is the beginning of the end.
Par Pierre Suard le jeudi, mai 27 2010, 13:49
Est modus in rebus, sunt certi denique fines
Quos ultra citraque nequit consistere rectum.
There is a just dimension: there are finally precise
beyond which good cannot be sustained
Par Pierre Suard le jeudi, mai 27 2010, 13:42
Tchuruk passed by there. All is in ruin and mourning.
Chio, the island of wine, is now nothing more than a reef.
according to Victor Hugo
Par Pierre Suard le jeudi, mai 27 2010, 12:10
Look at the power that the judges have!
There is in that power an extraordinary deviation which only Parliament can correct.
François Mitterrand (April 19, 1995)
Par Pierre Suard le jeudi, mai 27 2010, 11:42
What more terrible curse than an injustice that has arms in its hand''.
Par Pierre Suard le mercredi, mai 26 2010, 20:01
Par Pierre Suard le jeudi, mai 20 2010, 15:10
The fading away of Alcatel Alsthom during the past years is a major scandal in the economic life of France. This book tells, as objectively as possible, and with sincerity, the unbelievable unfolding of this tragedy.
Pierre Suard, an engineer graduate of the Ecole Polytechnique presided over the group from 1986 to 1995, after 13 years of running several of its subsidiaries. By the decision of an investigative judge, he was, on March 10, 1995, abruptly prohibited from working for the group as a result of charges which 12 years later were determined to be without foundation and which were totally dismissed.
Mr. Suard was replaced by a person who was new to the telecom industry, who demoted or fired all of the principal members of the prior management team and who embarked on a radically different strategy from the one that had made the group such a success.
The harm was irreparable.
After 10 years, tens of thousands of jobs have disappeared. The group has abandoned most of its businesses and has limited its activities to telecom. By selling off its businesses, it was able to realize substantial capital gains and so to limit its reported losses and reinforce its finances.
The responsibility for this catastrophe lies in the first instance with an incredible judicial investigation, rich in anomalies like that of Outreau. It was that investigation which opened the way for a new management team whose strategy led to the final disaster. But by their laxity or their corporatism, Board of Directors of the company and the Cour d’Appel failed to hold back this deluge.