Fines call for Airbus and EADS executives
Published at: www.ft.com
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EADS Insider Trading Probe - Will Heads Roll?
July 29, 2009
After over two years of investing claims of insider trading, there isn’t any resolution, no conclusion nor is there any prospect of prosecution. Does France possess any regulatory body that has the teeth to tackle issues and enforce verdicts?
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Insider Trading Allegations Catch Up with Airbus
July 29, 2009
As a long-time critic of Airbus and its corporate dishonesty, arrogance and incompetence, it comes as absolutely no surprise to me that huge fines are being proposed by the French investment industry watchdog AMF against EADS and seven executives -- EADS remains the worst-managed company in the aerospace industry today. Because if you can't trust the executives, as the beleaguered supply chain knows only too well, who can you trust?
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