Viewing profile — antivw

Fair enough. 590K diesel vehicles is a niche of the US market that's almost invisible. So have VW purchase back every one of those cars at MSRP. It's an invisible amount anyway, ri…

It is fundamentally different, because it targets equity, not operating capital. Fines can be mitigated by raising prices so that equity-holders shift pain to consumers. Stripping …

GM should have been allowed to fail. Because, of course, no sensible capitalist would have stood by and watched all those assests disappear. Toyota would have bought a factory here…

That link says that VW agreed to pay $2.8 billion in fines for defrauding 590,000 car owners and cheating on emissions tests. $2.8 billion/590K vehicles That's a good start on fine…