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Wise monkeys

29 May 2007 By Pierre Briancon

The company s top managers sold shares in March 2006, just before the disclosure of big problems with the A380. The AMF is investigating, but its record of successful prosecutions is poor. Whatever the outcome, Eads needs a moral shakeup. The company s top managers reportedly knew about big problems with the A380 when they sold shares in 2006. The French regulator is investigating, but has had trouble getting convictions. Even if the bosses get off, an ethics lesson is called for.

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