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To: SeekAndFind
VW is being fined nearly $18 Billion ( that’s a B ) for software that tried to by-pass EPA emission standards.

Where did you get this number? Has any government agency taken any action against VW? A stock market reaction to disclosures is not a fine. A stock price plunge is a penalty for having a management team who is stupid and/or dishonest but not a fine. Unless there is an administrative action of which I'm unaware, using the term "fine" to describe a stock plunge is misleading.

51 posted on 09/28/2015 10:27:04 AM PDT by CommerceComet (Ignore the GOP-e. Cruz to victory in 2016.)
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To: CommerceComet
Where did you get this number? Has any government agency taken any action against VW?

SOURCE:

Volkswagen faces a possible $18 billion EPA fine for cheating on emissions tests


64 posted on 09/28/2015 11:18:20 AM PDT by SeekAndFind (What is the difference between Obama and government bonds? Government bonds will mature someday)
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To: CommerceComet
REUTERS:

Volkswagen could face $18 billion penalties from EPA


65 posted on 09/28/2015 11:19:37 AM PDT by SeekAndFind (What is the difference between Obama and government bonds? Government bonds will mature someday)
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