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Friday, July 24, 2009
Sarkozy may want to "moralize finance" and rein in fat cats, but he also wants to turn La Défense into a Gallic version of London's "City"--a capital of world finance. The FT scopes out the threat for the benefit of its core readership.
How much is Jean-François Copé being paid by Gide Loyrette Nouel for "using his influence to mediate between French companies and foreign governments?" Nobody knows for sure, and the interested parties aren't saying, but this article puts the figure at 200,000 euros per year.
Bernard G. spins out a plausible scenario for Fabius to claw his way back to the top. If I liked Fabius better, I might be cheered. Still, the possibility cannot be ruled out, and there are perhaps worse fates that could befall the Socialist Party (and, indeed, it seems to be trying them out one at a time). And a screenwriter might find the journey from power to desert and back an irresistible plot line with a most pleasant arc.