A second former EADS executive is charged with insider trading.

A second former EADS executive is charged with insider trading. After Noel Forgeard, Jean-Paul Gut, the former chief operating officer of EADS, now faces insider trading charges, said judicial officials yesterday. Liberation comments that observers carefully watch whom will be the next executive to be heard by police. According to Le Nouvel Observateur, Gustav Humbert, the former German CEO of Airbus, refused to be heard by French police. In order to avoid tensions with EADS/Airbus or the German government, the French judges would have accepted to modify the chronology of convocations. Mr Humbert and Mr Enders should be heard last and the investigation, therefore, will focus on the French executives for now. Financial Times Deutschland deems that the revived tensions between the French and the Germans at EADS could yet again be worsened by the insider trading case. The Germans think that the investigations are a political manoeuvre by the French with the objective of weakening Mr Enders, claims the newspaper. However, the list of targeted people contains a lot more French than German managers. Bloomberg (18/06), La Tribune, Le Monde, Le Figaro, Liberation, La Croix, Le Nouvel Observateur, Challenges, Financial Times Deutschland, International Herald Tribune, Seattle Post Intelligencer (18/06)