The American Trap: My battle to expose America's secret economic war against the rest of the world - Hardcover

Pierucci, Frédéric

Hardcover

ISBN 10: 1529326869 ISBN 13: 9781529326864

Publisher: Hodder & Stoughton, 2019

Synopsis

In 2014, France lost part of the control of its nuclear power plants to the United States. Frédéric 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, Frédéric Pierucci was arrested in New York by the FBI and accused of bribery. The US authorities imprisoned him for more than two years - 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.

Frédéric'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...

About this title

Review:

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

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)

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)

Book Description:

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.

About this edition

• Publisher: Hodder & Stoughton
• Publication date: 2019
• ISBN 10: 1529326869
• ISBN 13: 9781529326864
• Binding: Hardcover
• Number of pages: 336