Are EADS and Airbus A Good Security Risk?
As an official in the Reagan Administration, I, like thousands of federal workers before and since, underwent an extensive background check before getting my security clearance. Though some background investigations are more thorough than others, all background checks and security clearances have a few elements in common: They all seek to ensure that an individual has: 1) no criminal record; 2) no history or stated intention of disloyalty to America; 3) no background of embarrassing activities that would subject them to blackmail; and 4) no unserviceable debts that might subject them to bribery or lure them into desperate attempts to make a quick buck. How do EADS and Airbus stack up on those fronts? A simple reading of the newspapers will tell us that 1) top Airbus executives are under criminal investigation in France for an insider trading scheme, and a British affiliate is under investigation in Britain and the US for a bribery scheme involving Saudi royals; 2) French and German EAD
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- Are EADS and Airbus A Good Security Risk?
