Word: dassault
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More than any of its predecessors, this contest pivots on high-tech advances. All competitors now have winged keels for stability, as well as sophisticated onboard data processors. Some syndicates were aided by government specialists and their supercomputers. The blueprints for French Kiss came from the labs of Dassault-Breguet, the French aircraft manufacturer famous for its Mirage fighter jets. A team of 30 scientists, including several "Star Wars" weapons-system researchers from Lawrence Livermore National Laboratory, perfected USA's unique rudders at bow and stern that help prevent sideslip...
takeovers of the Dassault-Breguet aircraft company, two steel producers and three companies partly owned by U.S. and West German interests...
...fact, the takeovers will probably push France into deeper trouble. The country's economy is already suffering from anemic growth, 7.7% unemployment and sagging investment. Nationalizing the banks-and 32 large industrial enterprises, including the Dassault airplane manufacturing company and the Saint-Gobain-Pont-à-Mousson fiber-glass maker-will almost certainly deepen the existing slump by making businessmen more wary of investing their money. Says J. Paul Horne, European economic analyst for the Smith Barney, Harris Upham & Co. investment firm: "The French private banking sector is all but gone. New private investment in France has been virtually frozen...
NATIONALIZATIONS. Most of the remaining private banks, some 200 in all, will come under direct state control as soon as the enabling legislation goes to the Assembly in the fall. The Socialists will move to take over eleven major industrial groups, including the Dassault-Breguet aviation conglomerate, two steel companies, two chemical conglomerates, two high-technology firms and an electronics corporation. Three companies would be exempted from peremptory nationalization because of their significant foreign shareholdings: CII-Honeywell Bull (47% U.S.-owned), International Telephone and Telegraph Corp.'s French subsidiaries (99% U.S.-owned) and Roussel Uclaf Pharmaceuticals (57% West German...
...three years, virtually killing his bid for the presidency in 1974. The Duck also unearthed some questionable financial dealings by the murdered Prince Jean de Broglie, a man with close ties to the Giscard administration, and printed the income tax dossiers of both Giscard and Aviation Tycoon Marcel Dassault. The government paid Le Canard a bumbling tribute one night when its agents were discovered in the paper's offices trying to implant bugging devices. "Watergaffe," quacked the Duck, and proudly proclaimed itself "the most listened-to newspaper in France...