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The American Trap

The American Trap

My Battle to Expose America's Secret Economic War Against the Rest of the World

by édéric Pierucci
Paperback
Publication Date: 08/09/2020

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This is the story of a man caught in the middle of a huge American destabilizing operation, illustrating 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 subsidiaries, found himself at the heart of this state scandal. His story goes to the very heart of a $12 billion thriller that illustrates 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 was arrested in New York by the FBI and prosecuted for a bribery case, despite not being involved at all. The US authorities locked him up for more than two years - including fourteen months in a very high security prison. In doing so, they forced Alstom to pay the biggest 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 diverting the law and morality and 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 Treasury, in acts of sabotage that seem only to be the beginning of what's to come...

ISBN:
9781529326871
9781529326871
Category:
True stories
Format:
Paperback
Publication Date:
08-09-2020
Language:
English
Publisher:
Hodder & Stoughton
Country of origin:
United Kingdom
Pages:
336
Dimensions (mm):
198x129x19.05mm
Weight:
0.3kg

"A cautionary tale for globe-trotting executives at multinational companies"
Bloomberg 

"A wake-up call for all managers working for international companies...A warning sign for all those multinational companies that risk getting on the radar of the American justice system"
Frankfurter Allgemeine Zeitung

"A legal thriller"
Le Figaro

"An extraordinary French industrial saga...a testimony that sends shivers down your spine"
Le Journal du Dimanche

"This is more a tale of war than a thriller. A 'covert economic war' waged by the United States to weaken U.S. companies' competition"
La Croix

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