The article that is supposed to be about Mac Malden being chosen policeman of the month in Pandora is actually a true news story from 1995 from the New York Times! The article can be found here "http://www.nytimes.com/1995/06/01/busin ... offer.html" and is about a French oil company. Text below.
"Serge Tchuruk, chairman of the French oil company Total S.A., told shareholders at the company's annual meeting today that he had decided to accept an offer to lead Alcatel Alsthom S.A., the giant French conglomerate.
Alcatel, which has interests in telecommunications, transportation and energy, said Tuesday evening that it had offered the positions of chairman and chief executive to Mr. Tchuruk, who is 57. He will take the positions on June 22, replacing Pierre Suard, who was forced to step down in April because of fraud and corruption charges against him.
Alcatel investors reacted enthusiastically to the news. Alcatel's shares rose 3.2 percent in Paris today, to 451.80 French francs from 438 on Tuesday. The level on Tuesday itself represented a 3.8 percent gain from Monday as speculation grew that Mr. Tchuruk would take the job.
Alcatel had named Marc Vienot, the chairman of the bank Societe Generale, as interim chairman in April with a brief to find a successor to Mr. Suard. People close to Mr. Vienot said he had been impressed by Mr. Tchuruk's record at Total, where he was chairman for five years.
At Total, Mr. Tchuruk will be succeeded as chairman by Thierry Desmarest, the company's senior executive vice president. Total's shares closed at 307.60 francs today, up from 299.50 francs.
Described by analysts as a skillful strategist, Mr. Tchuruk has spent his career in the chemical and energy industries and has worked in the United States for the Mobil Corporation, an experience that should help him at a company trying to reinforce its position in the world market.
Analysts said his arrival at Alcatel would reassure the company after a prolonged period of turbulence that culminated in Mr. Suard's indictments. Mr. Suard, 60, who led Alcatel for nine years, has been charged with using company funds to pay for work at his home and has also been indicted in connection with the overbilling of Alcatel's main client, France Telecom. An investigation into the charges is continuing.
Last year, Alcatel's net profit fell by half, to $749.5 million, with operating profit from the group's key telecommunications division tumbling more than 60 percent. Analysts said the division had suffered because of its failure to capitalize on the cellular-telephone boom and because of a decline in demand for switches and networks in Europe.
With European telecommunications"
I've started this thread so people can post more hidden text findings.
"Serge Tchuruk, chairman of the French oil company Total S.A., told shareholders at the company's annual meeting today that he had decided to accept an offer to lead Alcatel Alsthom S.A., the giant French conglomerate.
Alcatel, which has interests in telecommunications, transportation and energy, said Tuesday evening that it had offered the positions of chairman and chief executive to Mr. Tchuruk, who is 57. He will take the positions on June 22, replacing Pierre Suard, who was forced to step down in April because of fraud and corruption charges against him.
Alcatel investors reacted enthusiastically to the news. Alcatel's shares rose 3.2 percent in Paris today, to 451.80 French francs from 438 on Tuesday. The level on Tuesday itself represented a 3.8 percent gain from Monday as speculation grew that Mr. Tchuruk would take the job.
Alcatel had named Marc Vienot, the chairman of the bank Societe Generale, as interim chairman in April with a brief to find a successor to Mr. Suard. People close to Mr. Vienot said he had been impressed by Mr. Tchuruk's record at Total, where he was chairman for five years.
At Total, Mr. Tchuruk will be succeeded as chairman by Thierry Desmarest, the company's senior executive vice president. Total's shares closed at 307.60 francs today, up from 299.50 francs.
Described by analysts as a skillful strategist, Mr. Tchuruk has spent his career in the chemical and energy industries and has worked in the United States for the Mobil Corporation, an experience that should help him at a company trying to reinforce its position in the world market.
Analysts said his arrival at Alcatel would reassure the company after a prolonged period of turbulence that culminated in Mr. Suard's indictments. Mr. Suard, 60, who led Alcatel for nine years, has been charged with using company funds to pay for work at his home and has also been indicted in connection with the overbilling of Alcatel's main client, France Telecom. An investigation into the charges is continuing.
Last year, Alcatel's net profit fell by half, to $749.5 million, with operating profit from the group's key telecommunications division tumbling more than 60 percent. Analysts said the division had suffered because of its failure to capitalize on the cellular-telephone boom and because of a decline in demand for switches and networks in Europe.
With European telecommunications"
I've started this thread so people can post more hidden text findings.
