Tapie
Strategic Concepts & Mechanics
Primary Evidence
""He made his fortune with public subsidies. Everything is accepted from him. Everything is forgiven him. While I am always pointed at, me who has not done a tenth of what he has done." Question: how can Bernard Arnault, at his age and with his background, dare to make a move like this against Tapie? Is he aware of the risks? Has he not, better than anyone else and before everyone else, identified the personality of the flamboyant businessman who intimidates, attempts coups, content to scare but never to act?"
"Bernard Arnault did not resell Le Chasseur français to Tapie. "What agreement?" he says to him. The intermediary does not remember ever holding such an agreement and Arnault claims that it never existed. Tapie cannot file a complaint since the carry-over agreement, if it ever existed, was illegal given his legal situation. And Arnault will resell Le Chasseur français himself, with a nice profit."
"In the spring of 1992, Crédit Lyonnais was practically printing money. They had advanced 500 million francs to Tapie to buy Adidas, 600 million to Bolloré, taken 20% of one of Arnault's leading holdings for 520 million, and, among other generous acts, came to the aid of Pinault by buying the former headquarters of CFAO for 1.3 billion."