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Daily Archives: January 12, 2017
Auto sector fraud: widespread, profitable business model
As we thought likely, revelations of emissions fraud are now spreading beyond Volkswagen. Fiat Chrysler shares were down more than 13% today as the U.S. Environmental Protection Agency accused the company of also using software to allow excess diesel emissions … Continue reading
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Market cycle not lining up in Trump’s favor
Trump’s policies will help the U.S. economy, but they won’t be enough to save stocks long term, Faber said. Here is a direct video link. Here we can see (as mentioned by Faber) that under the much celebrated headline advances, … Continue reading
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Six Volkswagen executives indicted for dieselgate fraud–at last
Volkswagen admits massive fraud, says it’s sorry and pays a fine. Now prosecution turns to the directing minds of the fraud, at long last. This era of criminal actors being allowed to keep their profits and hide behind their corporations, … Continue reading
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