Word: press
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...overdue super-jumbo, the A380. Instead, the company has hit turbulence again. This time, however, it's not production delays and boardroom infighting, it's news that market regulatory officials are investigating a potentially massive insider trading scandal at EADS, Airbus's parent. According to documents cited in French press accounts, as many as 1,200 people may wind up targeted by legal action, including some of the loftiest members of France's business and political elite...
...Among the most surprising executives Le Figaro cites as targeted by the AMF inquiry is Arnaud Lagardère, a former EADS co-chairman whose defense and press group still owns 7.5% of EADS. Lagardère - who has not only denied any wrongdoing, but has threatened litigation to address damage done to his reputation by the reports - is also a personal friend of French President Nicolas Sarkozy, who once famously called the businessman "my brother." In addition to Lagardère, three other former co-chairmen and co-chief executives have been named in media reports as inquiry suspects...
...Grilling a General Joe Klein eloquently expressed his disgust over the General David Petraeus dog-and-pony show before Congress [Sept. 24]. But Klein failed to mention the real reason the Senators didn't press Petraeus for legitimate answers: the military-industrial complex that President Dwight Eisenhower warned us about is a sinister weave of self-interest involving the nation's corporate, military and political powerhouses. Ken Hicks Lincoln University...
...Celebrities enjoy - and sometimes suffer - their own unique version of justice. The press and public intensely scrutinize their cases and the best attorneys money can buy litigate them. Judges, meanwhile, may see an opportunity to make an example of a celebrity in trouble, as L.A. Superior Court Judge Michael T. Sauer apparently did in ensuring that Paris Hilton serve an atypical 23-day jail sentence for driving with a suspended a license. So is Spears and Federline's judge looking to make a statement about neglectful parenting? Odds are he's just being exceedingly cautious, says Joanna Grossman...
...named, but everyone knows who you're taking about. Take Barack Obama's major foreign policy address this week, in which he launched a broadside against "the conventional thinking in Washington" that led to the war in Iraq. He never mentioned Senator Hillary Clinton by name, but the entire press corps immediately understood that when he talks about those who "argue that they weren't really voting for war, they were voting for inspectors, or for diplomacy," he means Clinton. Obama continued the offensive by framing the entire race for the Democratic nomination as a "choice that has emerged...