Société Générale
Strategic Concepts & Mechanics
Primary Evidence
"It takes all the diplomacy of the great banker, and the magic of the served Lafite Rothschild castle, to forget the stock market battle taking place between the bosses of BNP, Paribas, and Société Générale, all around the table."
"Suppliers demanded that René Mayer be paid in cash? They now accept payment within fifty days. On their side, bankers open a credit line of 340 million francs. The lead banks for this loan are Société Générale and Crédit Commercial de France, the bank that deliberately assassinated the Willot family in 1981. Both are nationalized."
"Bernard Arnault flies to his home in the Parcs de Saint-Tropez estate, where he rubs shoulders with François Dalle, the former CEO of L'Oréal, who is about to make a name for himself, personally, in Georges Pébereau's raid against Société Générale, and Albert Frère, a powerful Belgian industrialist turned finance mogul at the head of Bruxelles-Lambert bank, who will become his most loyal supporter. And his only friend in business."
"Sabeau-Jouannet is a law agrégé. He has been head of litigation at Société Générale, financial director at Saint-Frères, and director of the Private Real Estate Bank (The bank in which Michelin holds an important business card). Under appearances of good-naturedness and simplicity, he is a man of extraordinary intellectual fertility. He loves juridical-financial constructions that seem impossible, unprecedented operations. He writes a lot, thinks aloud, confounds his close collaborators with his freedom of spirit and brilliant ideas."
"To avoid a real nationalization, the government is considering creating a kind of state limited partnership, in which the capital would be held 50.10% by IDI and 49.90% by the nationalized creditor banks, foremost among them, CCF and Société Générale."
"Société Générale, Péchiney, Triangle..."