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[personal profile] cryowizard
Where have we seen this before? Hmmmm...
Firstly, Airbus announced last week that production problems meant customers would have to wait longer than expected for their new aircraft.
[...]
Shares in the European aerospace giant EADS, which owns 80% of Airbus, plummeted, as airlines threatened to seek compensation or even to cancel their Airbus orders on news of the delays.

Then it got worse - as it emerged that one of EADS' two chief executives, Frenchman Noel Forgeard had sold 2.5m euros worth of EADS shares just weeks before the production delays were made public.

Members of his family, other EADS directors, and major investors also sold large numbers of shares
. Now French stock market regulators have launched an investigation.

Mr Forgeard is a former adviser to the French president, Jacques Chirac, and a close associate of prime minister Dominique de Villepin.
That just reeks of Enron. I guess assholes are the same everywhere.

http://news.bbc.co.uk/2/hi/business/5105312.stm

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