Re:Volkswagen overtakes Toyota as the world's biggest carmaker
by matt4077 on Monday January 30, 2017 @11:58PM
(#13527795)
That is fundamentally not different from a fine, which is ultimately also paid completely by the investors.
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Re:Volkswagen overtakes Toyota as the world's biggest carmaker
by antivw on Tuesday January 31, 2017 @12:15PM
(#13532690)
It is fundamentally different, because it targets equity, not operating capital.
Fines can be mitigated by raising prices so that equity-holders shift pain to consumers. Stripping equity on the other hand means that you change who profits from sales.