"If you can keep your head when all about you
Are losing theirs and blaming it on you,
If you can trust yourself when all men doubt you,
But make allowance for their doubting too;
If you can wait and not be tired by waiting,
Or being lied about, don’t deal in lies,
Or being hated, don’t give way to hating,
And yet don’t look too good, nor talk too wise…"
~ Rudyard Kipling
By Catherine Austin Fitts
I just finished reading The American Trap: My Battle to Expose America's Secret Economic War Against the Rest of the World by Frédéric Pierucci, with Matthieu Aron. Here's the publisher's description:
"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…"
If you want to understand why there is a currency and economic war raging around the planet, it is in no small part because the dollar has been weaponized by what has become a global "Sheriff of Nottingham" shakedown operation. This is a fascinating read by a highly intelligent business executive and responsible and loving father, husband, and son who has managed his way through a brutal gauntlet and emerged the victor.
Frédéric Pierucci's book and story is highly recommended. If you have a company that requires compliance related to the U.S. Foreign Corrupt Practices Act, consider retaining Pierucci's firm before the storm arrives.
Buy the Book:
The American Trap
Barnes and Noble
Foreign Corrupt Practices Act (Wikipedia)
Hero of the Week: Herman Gref
A Remarkable Coincidence:
Pierucci was incarcerated at the Wyatt facility in Rhode Island, which is at the center of my story, Dillon Read & the Aristocracy of Stock Profits. [Available online in English, French and Spanish]