made of several residences and HLM (résidences des rosiers, Cartault, Marcellin Berthelot, Bernard Palissy) The Lorilleux residence, for example, was built on the site of the old ink manufacturing companies. The district La Défense is located in the north, separated by the circular boulevard. The district, developed since the end of the 1950s, is one of the principal business districts in Europe. It mainly consists of office buildings, but some notable dwellings can be found within the district as well (Tour Défense 2000, résidence Boieldieu). Two thirds of the territory of La Défense is located within Puteaux, the remainder being divided between Courbevoie and Nanterre. Thus, the CNIT, the Arche de la Défense and the Quatre Temps shopping mall are in Puteaux. The district Île de Puteaux, on which there are no dwellings besides some barges, shelters the sporting structures (tennis courts, football pitch, gymnasium, swimming pool) of Puteaux. A sporting complex, the Palais des sports, opened in July 2006. Population Government and infrastructure Tour Pascal B in La Défense and in Puteaux has the head offices of the Bureau d'Enquêtes sur les Événements de Mer and of the Ministry of Ecology, Energy, Sustainable Development and Sea. Economy The tax revenue of La Défense makes Puteaux one of the richest communes of France. Puteaux receives forty million euros per year coming from the companies within the district alone. Puteaux does not have a debt and its financial reserves, placed in Treasury bills, returns ten million euros in interest alone. The budget of Puteaux can thus exceed 200 million euros (reference 2005), for only 42,000 inhabitants. Puteaux has a long industrial past, in particular the car industry (De Dion-Bouton, but also Unic, Saurer and Daimler-Benz), aeronautics (Zodiac Group, Morane-Saulnier), the armament industry Atelier de Construction de Puteaux (APX), inks () and perfumes (Coty). Politics Charles Ceccaldi-Raynaud (Union for a Popular Movement, UMP) was the mayor of Puteaux from 1969 to 2004. In 2004 he was succeeded by his daughter Joëlle Ceccaldi-Raynaud (UMP). She was also temporarily appointed as a Member of Parliament for the 6th district of Hauts-de-Seine (Puteaux/Neuilly-sur-Seine) instead of Nicolas Sarkozy. The administration of Puteaux by Ceccaldi-Raynaud is considered authoritarian by certain people (the opposition but sometimes also certain people of their own political camp in Hauts-de-Seine). This criticism regularly has echoes in the media (like the daily newspapers Libération, Le Monde, the edition of Hauts-de-Seine of Le Parisien