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Context of 'Early 1990s: French Government Officials Lobby on Behalf of French Water Companies for Argentine Water Utility Concession'

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A number of French dignitaries, including French Minister of Commerce Bruno Durieux, travels to Buenos Aires to lobby on behalf of two French companies—Compagnie Générale des Eaux and Lyonnaise des Eaux—which are trying to win a concession to operate the city’s water utility. On one visit, Durieux reportedly says that France will increase its investments in Argentina based on “how many privatizations we win.” Daniel Chain of Aguas de Buenos Aires will later recall, “The Embassy of France was hyperactive throughout the concession process. Every week it invited political leaders to lunches attended by French ministers. However, the Embassy of Great Britain, which supposedly was supporting the bid of the British company, Thames, had a low profile. It was an unequal fight.” [Santoro, 2/6/2003 Sources: Daniel Chain]

Entity Tags: Suez Group, Compagnie Générale des Eaux, Bruno Durieux

Timeline Tags: Water

Aguas Argentinas, a recently formed consortium of private companies, wins a 30-year concession to operate Buenos Aire’s water utility. It is awarded the concession because it promised a greater reduction in water rates than the other bidders. But it was close. Aguas Argentinas’s bid was 26.9 percent, just a fraction higher than the bid of another company, Aguas de Buenos Aires, which offered a rate decrease of 26.1 percent. According to the concession agreement, the company cannot raise rates for at least 10 years (rates have risen 62 percent since privatization was put on the agenda two years ago (see 1991-1993)). Additionally, it must invest $1.4 billion in the system, and connect more than 4,200,000 people to water and 4,800,000 to sewage systems. The foreign stakeholders in Aguas Argentinas include French companies Compagnie Générale des Eaux (later known as Vivendi; 8 percent), Lyonnaise des Eaux (later known as the Suez Group; 25.3 percent), Sociedad General de Aguas de Barcelona (12.6 percent), and Anglian Water (4.5 percent). The remaining stakes are held by Argentine companies Bank of Galicia (8.1 percent), Grupo Meller (10.8 percent), and Sociedad Comercial del Plata (20.7 percent). Grupo Meller is run by Sergio Meller, a supporter of Argentine President Carlos Menem, and Sociedad Comercial del Plata is owned by businessman Santiago Soldati, another close ally of Menem. [Santoro, 2/6/2003]

Entity Tags: Grupo Meller, Anglian Water, Aguas de Barcelona, Bank of Galicia, Ente Tripartito de Obras y Servicios Sanitarios, Sociedad Comercial del Plata, Suez Group, Obres Sanitarias de la Nacion, Compagnie Générale des Eaux, Sociedad General de Aguas de Barcelona

Timeline Tags: Water

FAA personnel are too busy after 9/11 to complete an after-action report on the agency’s response to the terrorist attacks. Mike Morse, an FAA national security coordination staffer, will later tell the 9/11 Commission: “No comprehensive after-action report was ever completed by the FAA. Everyone was working day and night on emergency measures. The potential for other attacks was real.” The official initially tasked with writing the report is Larry Bruno, the FAA’s security regulatory manager. But, according to Morse, Bruno finds it “impossible because people could not make time to cooperate.” Willie Gripper, the deputy director of civil aviation security operations at FAA headquarters, then tasks Morse with the assignment, but Morse says that accomplishing the task will require that higher level officials make it a priority. An attempt is made to complete a report around March or April 2002, but the creation of the Transportation Security Administration is underway at the time, and so it is “increasingly difficult to get all of the [FAA] principals in one place to discuss what happened and generate ‘lessons learned,’” according to Morse. [9/11 Commission, 9/15/2003, pp. 10 pdf file; 9/11 Commission, 5/5/2004, pp. 5-6 pdf file]

Entity Tags: Federal Aviation Administration, Mike Morse, Willie Gripper

Timeline Tags: Complete 911 Timeline

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