Software more systematically than previously suspected. But i did this is a huge scale of the fraud in the number of people who are involved it is pretty shocking. Use on national t. V. And its just plain a comment its yes it was a combination of Corporate Culture greed and arrogance. When i wrote gods. Up until january 28th body was selling cars with manipulated exhaust software on board. It wasnt a case of now wed better come clean it was more a case of no one will ever find out. The public has yet to be informed by the authorities or politicians of the scale of the emissions manipulations already remain silent on the matter. Sometimes given the enormous dimension of the scandal you would expect a company like audit to at least admit wrongdoing or that the manipulation of the thing is. This really is one of the biggest business scandals in german history. For cars quickly stuff from franconia the Diesel Scandal started only recently. His diesel car was produced in 2016 a year after t
Its january 22nd 2000 thing at the Audi Development center and its one for 2 years already technicians have been trying to make a Diesel Engine run clean this is the day they realize that their plan may fail. At 7 42 pm one of the chief engineers sends a desperate email to his boss. We are not going to manage it without a bit of cheating. On clothes and its unbelievable that a vehicle which is 18 times over the nitrogen oxide emissions limit is even allowed on the road. Hundreds of thousands of disappointed customers and billions of euros worth of the. Images previously secret documents show that body manipulated software more systematically than previously suspected. Guide to this is a huge scale of the fraud and the number of people who are involved is pretty shocking. And just plain a confidence yes it was a combination of Corporate Culture greed and arrogance. Up until january 28th body was selling cars with manipulated exhaust software on board. It wasnt a case of now we better co
Its january 22nd 2008 at the Audi Development center an echo its one for 2 years already technicians have been trying to make a Diesel Engine run clean this is the day they realize that their plan may fail. At 7 42 pm one of the chief engineers sends a desperate email to his boss. We are not going to manage it without a bit of cheating. On. His own clothes and its unbelievable that a vehicle which is 18 times over the nitrogen oxide emissions limit is even allowed on the road. Hundreds of thousands of disappointed customers and billions of euros worth of damages previously secret documents show that audi manipulated its software more systematically than previously suspected deep dives it is a huge scale. The fraud in the number of people who are involved is pretty shocking its. Just plain a confidence yes it was a combination of Corporate Culture greed and arrogance. Under the rug rats. Up until january 28th body was selling cars with manipulated exhaust software on board. It wasnt a c
Increase sanctions on iran road map begins with watching the fed. Investors expect the second rate cut in a decade. Stocks mostly lower ahead of the open. Fedex is falling this morning. Shares down in the premarket over trade worries policy uncertainty, of course, as well continuing to weigh on the delivery giant and right idea, wrong approach, House Speaker nancy pelosi sitting down with jim youll hear what she had to say about the president s china trade strategy as we said, a few moments ago, the president tweets, ive just instructed the secretary of the treasury to substantially increase sanctions on the country of iran. So nice that our country is now Energy Independent the u. S. Is in better shape than ever before, Strongest Military by far, biggest economy, no longer even close, number one in energy, maga equals kag. The story is going to be about the attacks and what else the saudis can tell us about it as aramco had that statement out yesterday. Right i think we have to were f
Welcome to this hearing on the subcommittee on antitrust policy and consumer rights. Today we are pleased to have with us the chairman of the federal trade commission, joseph simons, and the assistant attorney general for the antitrust division at the department of justice, makan delrahim. Welcome to both of you. As an initial matter, as a matter of housekeeping, we have been informed we may have a block of more votes starting about an hour from now. The practical matter, we may be able to push it to an hour and a half from now, but before we hit the recess at some point we will likely have to go to recess to cast a few votes. We will have to play some of that by ear. I apologize in advance. Theres no way to predict these in advance. It does seem to be an uncanny event, with antitrust subcommittee hearings. It seems to be a good predictor, albeit an unintentional predictor of when votes are going to occur. As both of you know, ive been critical of the fact that we have two federal agen