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
Its january 22nd 2008 at the Audi Development center and its one for 2 years audie 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. Because 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. Bribes or does a huge scale of the. Fraud in the number of people who are involved is pretty shocking. As fine a call but its 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 case of now wed better co
Now, pointing lower after that positive move yesterday. We are about 350 points lower. Around 1. 5 for each of those major indices. Yesterday we gained 5 for the dow and the s p. In asia, positivity in japan after a very poor Christmas Day performance. Up 4 today. Hong kong and shanghai both lower. European trade less positive than that. The dax down 1. 5 . France flat. The rest of europe showing declines european trade has been closed the last two sessions. So this the first trade since the Christmas Eve decline there. Treasury yelleds this morning, around 2. 75 on the tenyear sitting just above that level today, 2. 77 all right lets talk about what we saw yesterday. Its not just yesterday because, i mean, monday was just horrific closed the next day, 600 points. Isnt the santa claus rally the week after christmas this year its the day before it sets you back the last five days. Santa claus was dedelayed, thene came, 1,000 after you lost 600 following a series of 500point losses yeste