Poitin From , joined Dec 1969, posts, RR: Posted (6 years 1 month 1 week 4 days 1 hour ago) and read 1513 times:
Hopefully I didn't miss another listing of this but Bloomberg has a report that:
May 11 (Bloomberg) -- An investigation of insider trading at European Aeronautics, Defence & Space Co. has come across a taped call regarding discussions of production delays for the Airbus A380 that took place three months before the setbacks were disclosed and EADS shares tumbled 26 percent.
XT6Wagon From United States of America, joined Feb 2007, 3150 posts, RR: 4 Reply 2, posted (6 years 1 month 1 week 3 days 21 hours ago) and read 1291 times:
Quoting Flysherwood (Reply 1): What is unbelievable is that Forgeard still received his Golden Parachute!
Well, dunno what the laws say, but most places you can't profit from your crimes, so if he is convicted expect some severe monetary damage.
Oh and a shareholder lawsuit against him personally would do some serious damage.