Just who is Monsieur Borloo?

By
This article is freely available. Check out our subscription offers. Subscribe

Mediapart has made the choice of not imposing systematic moderation of the participative sections of the journal. Thank you for abiding by our charter regarding participative contributions. Mediapart may highlight some comments, and reserves the right to remove any comment that is not relevant to a given discussion, that is repeatedly copied, or of a crude or commercial nature.

All comments

Dans n'importe quelle entreprise, l'alcoolisme est un motif grave de licenciement.
The practices which were afforded by the law of 1967 were institutionnalized by the left, with Beregovoy as Ministre de l'Economie et des Finances and Badinter as Minister of Justice. The law of 1985 left corporations at the mercy of the banks (recently nationalized) which would abruptly cut the credits to make them insolvent. Favoured clients of the banks would make a bid to purchase the companies, using the assets of the companies ( and in particular their receivable) to effrectively pay the purchase price, their bid would get preferential treatment from the commercial courts (where the judges are non professional judges), and as the bidders were friends not only of the nationalized banks, but (logically) of the politicians at the helm of the governement, they would get backing from the prosecutors (who in commercial courts, in the dirigist french tradition intervene, with the additional twist provided by the law of 1985 that they are the only one who can appeal the judgment deciding on the purchase of the company, which allows perfect illegality).

Formellement = formally

Auparavant = formerly

 

Hi Bonaparte,

I have been very impressed by your very incisive and illuminating comments regarding the articles on Mediapart English. This one is most informative.The Russian campaign must be arduous, but I see you still have time to write.

I can't help but ask myself weather, oops, whether you found the article interesting? Do you have an opinion on the subject of the article?

Smileys buy - oops - by the million,

Graham.

Extend your reading on Mediapart Unlimited access to the Journal free contribution in the Club Subscribe
Some information in this article first appeared in a book by the author, Martine Orange, titled L'Histoire secrète du patronat (The secret history of business leaders), published by La Découverte in 2009.