Word: french
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...learned all the necessary control tricks to pull off this feat during his time at the bank’s nondescript back office, where he had started working years ago before rising through the ranks to his more recent and prestigious office. In contrast to what the French public believes, however, his story is hardly one of personal growth and social mobility...
...According to recent polls, 77 percent of French people believe Kerviel is a “victim” of the system. Bruno Jeanbart, a French pollster, told Bloomberg, “French opinion perceives [Kerviel] as a man in the street, overtaken by the system.” That was just the tip of the iceberg. The popular French daily Le Monde addressed Kerviel as a “hero of our time” on February 2nd, and that same day, Le Figaro revealed that only 13 percent of people believed the trader was responsible for the scandal...
...Even more crucially, despite the election of market-friendly President Nicolas Sarkozy, France’s relationship with financial markets is a troubled one–hence Kerviel’s heroic status. In 2006, a University of Maryland poll revealed that only 36 percent of French people believed that free-market capitalism was the best system of economic organization, compared to 74 percent in China. No wonder being called “Che Guevara” is a compliment in the Gallic press...
Calling on the French Left to “put people before ideology,” former French presidential candidate Segolene Royal gave two lectures to Harvard students this week on European politics, one in an intimate setting and one in front of hundreds.Royal, a member of the French Socialist Party, spoke about reforming the European Left during a session with undergraduates at the Center for European Studies (CES) on Monday before giving a lecture at an Institute of Politics (IOP) Forum yesterday on restructuring the French economy, with a translator assisting her at both events. “After...
...leafy, sprawling Bois de Boulogne on its southern flank, Neuilly is a kind of Parisian Upper East Side: a quick commute to downtown offices, and a quiet residential enclave whose location gives residents a jump start on the Friday rush to Normandy beach homes. It was here, among the French film stars, CEOs and idle rich, that rogue trader Jérome Kerviel rented an apartment as he sought to make a fortune of this own. Neuilly never votes left, and it owes its national renown to local boy gone big - Sarkozy. So where does Neuilly's hostility to candidates...