"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "

Chinese premier Wen Jiabao 12th March 2009

""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."

Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Friday, April 04, 2008

Lord Patel involved in murky share deals

Daniel Labetoulle, head of the disciplinary commission of French markets regulator Autorité des Marchés Financiers (AMF), is holding the insider trading inquiry into EADS involving 17 individuals and three organisations who have been placed under formal investigation by the AMF. He expects, he says today to report before the end of 2009.

The inquiry centres on the months preceding a collapse in EADS' share price in June 2006.

This is not in any way connected to Lord Patel's advice contained in this post of Friday, June 16, 2006 Airbus - Buy in now, Fill ya boots .."Now is the time to buy in , Airbus are superbly positioned." were his exact words when EADS share price stood at 18.71 € whereas this soaraway super stock has since ...er... declined inexorably to ..er ... 15.55 €.

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