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that sounds like the article the Spiegel put up when the TGV beat the high-speed record last year, quoting Siemens engineers saying that the French had wasted a lot of money and claiming that they had destroyed their trains in the process) on a pointless record.

Sour grapes.

The fact is that France is one of the few countries that has had quite a few high-profile investigations and trials of high level corporate officers - with them actually going to jail; even if there have been some notable exceptions, and plenty more cases never pursued. And that, despite that corporate-firendly press.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Tue Jul 1st, 2008 at 06:15:43 PM EST
[ Parent ]
FWIW, both Alston and Siemens paid kickbacks in connection with the first Spanish high-speed line in 1992.

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes
by Migeru (migeru at eurotrib dot com) on Wed Jul 2nd, 2008 at 02:27:33 AM EST
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