To the chagrin of the centrist MP Charles de Courson

"Refounding capitalism."It was the shock formula used from September 26 to Toulon by Nicolas Sarkozy. Three months after the London Summit, it remains, for the opposition as some members of the majority, a promise waiting for realization. "Much remains to be done," said MP new Centre and a member of the Board of Finance of the Assembly Charles de Courson. "Need to realize, pass the speech acts," said the Socialist President of the commission, Didier Migaud.

None dispute the activism that the head of State showed on the international stage, its role in the convening of the G20 in London and Paris lobbying for better regulation and financial supervision at European level. The first project of European directive on hedge funds has been criticized by French politicians of all sides. With regard to tax havens, Bercy boasts of having signed eight agreements"of exchange of information with non-cooperative centres and promises a law on the retaliatory measures by the g-20. Act expected with a bit of impatience by Didier Migaud, which also highlights the need for "greater transparency of interventions by the French banks" in these tax havens.

Timid acts

Beyond the circle of specialists elected from these issues, the political debate is focused on two topics: the nature of the stimulus and the remuneration of managers. Arguing of the need to contain the explosion of public deficits, the Executive vetoed barred requests for stimulus by consumption hammered by the left and unions. If the majority bloc on this subject, in went differently on the attitude to adopt to the remuneration of the patterns. Stock options, actions free and retreats some business leaders - including the bankers - hats were particularly poorly perceived by the French hit by the crisis and sowed the stir in the majority, forcing the Government to harden its position. A decree finally temporarily banned these three modes of remuneration for directors of the companies aided by the State. And François Fillon promised an increase in taxes on pensions hats.

The Prime Minister and Minister of the economy Christine Lagarde have nevertheless expressed their reluctance to go through the Act to regulate the remuneration of executives, preferring to encourage employers to take themselves measures. To the chagrin of the centrist MP Charles de Courson. "Capitalism is neither moral nor immoral, it is amoral. "It is therefore to Parliament to set the rules", says before you wonder about the motives of the Executive: "is there a real willingness or simply the desire to appease public opinion par statements."Socialist Didier Migaud, judge "insufficient" the Afep and the Medef recommendations does not say anything: "acts are shy and down the statements made by the head of State."Capital gains on stock, recently potted by the two main leaders of BNP Paribas - a Bank assisted by the State - and the publication this week of two reports on the remuneration of executives - one, tomorrow, of parliamentary origin and the other on Wednesday, emanating from the authority of financial markets - may activate the debate.