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, right? The largest auto maker in the…
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 equity on the other hand means that you…
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, Nissan a factory there. Robots would…
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, right? The largest auto maker in the…
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 equity on the other hand means that you…
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, Nissan a factory there. Robots would…