Prosecutors Charge VW Leaders with Stock Market Manipulation
Business Wars Daily
Wondery
4.6 • 716 Ratings
🗓️ 30 September 2019
⏱️ 7 minutes
🧾️ Download transcript
Summary
Today is Monday, September 30, and we’re looking at Volkswagen vs. Daimler-Benz.
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Transcript
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| 1:05.7 | Thank you. McMillan Online Community. From Wondery, I'm David Brown, and this is Business Wars Daily. |
| 1:08.9 | It's another Monday, friends. |
| 1:10.4 | How you doing? Well, hopefully better than the CEO and this is Business Wars Daily. It's another Monday, friends. How you doing? |
| 1:11.4 | Well, hopefully better than the CEO and chairman of Volkswagen. |
| 1:15.0 | German prosecutors have charged chief executive officer Erbert Dees and chairman Hans Dieter Putsch |
| 1:21.7 | with attempting to manipulate the stock market. |
| 1:24.6 | Prosecutors say that in 2015, these two executives, as well as former VW |
| 1:28.9 | CEO Martin Wintercorn, hid from shareholders the knowledge that the U.S. was investigating the |
| 1:34.8 | company for cheating on diesel emissions. In so doing, the three VW leaders falsely propped up the |
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