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Prior to joining The Carlyle Group, Sarkozy spent 11 years at investment bank Credit Suisse First Boston. Olivier has two children ex-wife Charlotte Bernard. Bernard sold the couple's million Upper East Side townhouse for a cut rate .4 million.

He also worked at Swiss banking firm UBS from 2003 until he joined Carlyle in 2008. Olivier has since moved into a .25 million townhouse of his own that he intends to share with girlfriend Mary-Kate.

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Several polls since the New Year have shown Sarkozy slip three to fourpoints, while one showed a seven-point plunge in his confidence rating to 48percent -- the lowest point since his election.

Dubbed "the Bling-Bling president" by left-wing critics, Sarkozy has beenaccused of parading his romance in the media while neglecting the ppublic'sday-to-day concerns.

The left now controls 58 percent of towns with more than 30,000inhabitants, after winning 40 from the right, including right-wing bastions Metz and Reims, though Sarkozy's camp kept its grip on the second city of Marseille.

"Whichever way you look at the results: the Socialist Party and theopposition has won the first mid-term poll since Nicolas Sarkozy's election," conceded the pro-government Le Figaro newspaper. There is undoubtedly aneed to accelerate the pace of reforms." Sarkozy himself has signalled the results would lead to minor adjustmentsin his communications teams, and the arrival of some new faces in government,with an announcement expected on Tuesday.

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Last modified 23-Nov-2019 02:09