Nov
24
News of Interest – Turning the car business into a casino??
This interesting article and excerpt came from SPEIGEL ONLINE INTERNATIONAL… by By Frank Dohmen and Dietmar Hawranek
German prosecutors are probing accusations that Porsche conducted dodgy share deals during a failed takeover bid for Volkswagen. Meanwhile, hedge funds are suing the sports car maker in the US. Porsche may have to pay billions in damages, and VW could also find itself pulled into the mess.
CONTINUE READING HERE: http://www.spiegel.de/international/germany/0,1518,730911,00.html