French prosecutor told of 'massive' insider trading at EADS

French prosecutor told of 'massive' insider trading at EADS

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10th Grade - University

Hard

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The transcript discusses insider trading allegations involving major shareholders of Airbus' parent company, EADS. The Figaro newspaper revealed that these shareholders sold shares before Airbus' problems became public, saving 90 million euros. The report names Lagardere and Daimler Chrysler, who sold significant stakes before a share price collapse due to A380 delays. The government, advised to sell state holdings, denied illegal trading involvement. Despite plans to deliver the first A380 to Singapore Airlines, Airbus and EADS face ongoing challenges.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What major event occurred before the problems at Airbus were made public?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How much money did the shareholders save themselves through insider trading?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

Which two groups were named in the report regarding the insider trading?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the advice given to the Finance Minister regarding the state holding?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

When is the first A380 scheduled to be delivered to Singapore Airlines?

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