• 📚 A new project from the admin: Check out PictureBooks.io, an AI storyteller that lets you create personalized picture books for kids in seconds. Give it a try and let me know what you think!

Air Bus insider trading??

B

bhsup

Deity
Joined
Jan 1, 2004
Messages
30,387
Will this result in the American tanker contract being voided? It is just more ammunition for those members of congress opposed to it.

it's news that market regulatory officials are investigating a potentially massive insider trading scandal at EADS, Airbus's parent. According to documents cited in French press accounts, as many as 1,200 people may wind up targeted by legal action, including some of the loftiest members of France's business and political elite.
Click to expand...
http://www.time.com/time/business/article/0,8599,1668350,00.html

(No, I am not pasting the entire article. The people at Time/CNN wrote it and deserve to have it read on their site.)
 
Insider trading at EADS alleged

Following an 18-month investigation, market regulator AMF says it has found evidence of insider trading at Airbus's parent company.
April 1, 2008: 7:18 AM EDT

NEW YORK (CNN) -- The French markets regulator said Tuesday it has found evidence of insider trading at EADS, the parent company of Airbus.

In a report following an 18-month investigation, regulator AMF alleged EADS had misled financial markets by failing to meet standards on the publication of information.

AMF's investigation was triggered by suspicious share trades carried out by top management and shareholders in the time before EADS revealed severe delays to the production of the Airbus A380 superjumbo in June 2006.

AMF's news release about the report did not mention Airbus specifically
Click to expand...

Some update to your October 2007 story.
 
Heh, thanks! I saw the story this morning on BBC America and that time link was the first hit on Google. Appreciate the update.
 
You must log in or register to reply here.
Back
Top Bottom