1. Winterkorn Isn't Completely Out at VW

    Winterkorn Isn't Completely Out at VW

    As new Volkswagen AG Chief Executive Officer Matthias Mueller seeks to repair the automaker’s image, his moves will be overseen by none other than his scandal-scarred predecessor, Martin Winterkorn...

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    1. It shows that modern corporate governance doesn't play a role at Volkswagen.
    2. If the cash costs exceed 10 billion euros, a capital raise is highly likely.
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