The American Trap
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The American Trap
Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?
This is the story of a man caught in the middle of what he came to recognise as a huge American destabilizing operation, illustrating how he plotted the key features of the secret economic war that the United States is waging against developed nations across the world.
In 2014, France lost part of the control of its nuclear power plants to the United States. Frederic Pierucci, former senior executive of one of Alstom's power company subsidiaries, found himself at the heart of this state scandal. His story goes to the very core of how he plotted the key features of the secret economic war that the United States is waging in Europe. And after being silenced for a long time, he has decided, with the help of journalist Matthieu Aron, to reveal all.
In April 2013, Frederic Pierucci was arrested in New York by the FBI and accused of bribery. The US authorities imprisoned him for more than two years β including fourteen months in a notorious maximum-security prison. In doing so, they forced Alstom to pay the biggest financial penalty ever imposed by the United States. In the end, Alstom also gave up areas of control to General Electric, its biggest American competitor.
Frederic's story unpacks how the United States is using corporate law as an economic weapon against its own allies. One after the other, some of the world's largest companies are being actively destabilised to the benefit of the US, in acts of economic sabotage that seem to be the beginning of what's to come...
The American Trap, co-authored by Pierucci, offers an insightful glimpse into these high-stakes international manoeuvres.
Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?
Praised as a cautionary tale for executives of multinational corporations by Bloomberg, the book has been called a wake-up call for managers vulnerable to American legal risks by Frankfurter Allgemeine Zeitung. Le Figaro describes it as a legal thriller, while Le Journal du Dimanche labels it an extraordinary industrial saga that sends shivers down your spine. The narrative is framed by La Croix as a tale of war revealing covert economic conflict.
Book Details
INFORMATION
ISBN: 9781529326871
Publisher: Hodder & Stoughton
Format: Paperback / softback
Date Published: 25 June 2020
Country: United Kingdom
Imprint: Hodder Paperback
Audience: General / adult, Tertiary education, Professional and scholarly
DIMENSIONS
Spine width: 28.0mm
Width: 126.0mm
Height: 196.0mm
Weight: 240g
Pages: 336
About the Author
Former senior executive of Alstom in the Philippines, Frederic Pierucci's life was turned upside-down on April 4th, 2013 when he was arrested by the FBI under the Foreign Corruption Practice Act that allows the arrest of anyone, anywhere for suspicion of corruption.
Matthieu Aron is a journalist and former associate director of the Nouvel Observateur and former managing editor at France Inter. He has followed Frederic Pierucci's story since the beginning.More from Education & Reference
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