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Methinks they are trying to
Posted by Tim (more from Tim) on Sat, 4 Sep 2010 11:04:48
In Reply to: Interesting article about VW, Mike Johnson, Sat, 4 Sep 2010 05:37:50
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sell stocks, not cars. Any secondary offering scheduled in the next 24 months?
It's like the fabulous Porsche profitability that we heard about a few years . . . turns out most of the profit came from manipulating its own stocks and that of VW (Porsche was a big shareholder of VW and bid up a ton of stock options on VW). It worked for a while until it didn't, when the whole financial edifice came crashing down; that's why Porsche is now owned by VW.
posted by 76.118.39...
Posts in this Thread:
- Interesting article about VW, Mike Johnson, Sat, 4 Sep 2010 05:37:50
- Size isn't everything., Noel, Sun, 5 Sep 2010 17:33:59
- "Car" company..., Mike Lynch , Sat, 4 Sep 2010 17:55:01
- Back in the day, 1978 to 1981, I worked for VW, Noel, Sat, 4 Sep 2010 16:01:13
- Methinks they are trying to, Tim, Sat, 4 Sep 2010 11:04:48 <-- Viewing This Message
- Corporate nuttiness, No Snaab, Sat, 4 Sep 2010 09:51:55
- No Way..., Raction95Aero, Sat, 4 Sep 2010 07:47:22
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