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10/22/09

NY Times: France: - Sarkozy’s Son Will Not Seek High-Profile Post

For the complete report from the NYTimes.com click on this link

France: - Sarkozy’s Son Will Not Seek High-Profile Post

Amid fierce accusations of favoritism, President Nicolas Sarkozy's son renounced his candidacy Thursday for the leadership of the organization that runs France's most important business district on the western edge of the capital. The younger Sarkozy's candidacy drew mounting criticism from both the left and within the conservatives on grounds the 23-year-old, who has not completed his law studies, was not qualified for the high-profile job. The polemic was starting to damage his powerful father whose ratings have slipped in the last two weeks, in part because of the polemic over his son.

EPAD, as the organization is known, is a quasi-governmental agency that oversees real estate and administration in the La Defense complex where 150,000 people work. The French president has big ambitions for La Defense to become an even more important European financial center, and his son's accession to a leadership position was part of the plan.

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