This Slush Fund Scandal May Swamp Alcatel's Skipper

Embattled Alcatel Alsthom Chief Executive Pierre Suard vowed last month to remain at the helm of the French telecommunications giant for another five years. But on Feb. 7, the going got tougher for Suard. While he was in Vietnam rustling up new business, French newspapers reported fresh evidence allegedly implicating an Alcatel subsidiary in the illegal funding of French political parties.

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