VW scandal and impact on German economy - Traders Hideout | futures io social day trading
futures io futures trading


VW scandal and impact on German economy
Updated: Views / Replies:24,080 / 350
Created: by rleplae Attachments:27

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 27  
 
Thread Tools Search this Thread
 

VW scandal and impact on German economy

  #191 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 4,130 since Feb 2012
Thanks: 3,787 given, 7,659 received
Forum Reputation: Legendary

Management Insurance

Discussion in Switzerland is about the insurance for the leading staff of VW.
VW company made an insurance with Zurich insurances. A maximum sum
of 500 million can be due - which is to pay by the Zurich. Of course this will
not cover the scandal costs - but the management will be fine?

The sum will not be due if the fraud was "intentional" by investigation

Zurich insurance and their stockholders are most interested to know how
and by when the case is closed to see the final 2016 results.

GFIs1


Last edited by GFIs1; January 7th, 2016 at 08:29 AM.
Reply With Quote
The following user says Thank You to GFIs1 for this post:
 
  #192 (permalink)
Market Wizard
Bamberg, Germany
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: IB, SierraCharts data
Favorite Futures: mini FDAX, ES, GC
 
Posts: 924 since Oct 2014
Thanks: 10,757 given, 2,006 received
Forum Reputation: Legendary

VW didn't understand the question....

It's official VW didn't lie....they simply didn't understand the question! Great response, I'll use that one the next time I get in trouble....

"Mueller: We didn't lie. We didn't understand the question first. And then we worked since 2014 to solve the problem. And we did it together and it was a default of VW that it needed such a long time."


fortunately, VW convinced NPR to do a second interview and changed their tune...


'We Didn't Lie,' Volkswagen CEO Says Of Emissions Scandal : The Two-Way : NPR

Reply With Quote
The following 2 users say Thank You to JohnS for this post:
 
  #193 (permalink)
Elite Member
Omer עומר / Israel י
 
Futures Experience: Master
Platform: NinjaTrader, Proprietary,
Broker/Data: Ninjabrokerage/IQfeed + Synthetic datafeed
Favorite Futures: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC
 
rleplae's Avatar
 
Posts: 2,503 since Sep 2013
Thanks: 1,706 given, 3,715 received
Forum Reputation: Legendary


in tempore non suspecto
i wrote, no reason why VW would be the only fraudsters


Renault Shares Drop on Apparent Fraud Probe Into Emissions - Bloomberg Business

makes me very much think like the fraud in sports..
one does it, the other does it also...

Reply With Quote
The following 3 users say Thank You to rleplae for this post:
 
  #194 (permalink)
Market Wizard
Sarasota FL
 
Futures Experience: Intermediate
Platform: NinjaTrader, Sierra Chart
Favorite Futures: ES
 
Posts: 3,636 since Jan 2013
Thanks: 26,759 given, 11,116 received
Forum Reputation: Legendary


rleplae View Post
in tempore non suspecto
i wrote, no reason why VW would be the only fraudsters


Renault Shares Drop on Apparent Fraud Probe Into Emissions - Bloomberg Business

makes me very much think like the fraud in sports..
one does it, the other does it also...

As in sports, people will generally follow their self-interest if they can get away with it.

Bob.

Reply With Quote
The following user says Thank You to bobwest for this post:
 
  #195 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 4,130 since Feb 2012
Thanks: 3,787 given, 7,659 received
Forum Reputation: Legendary

I see - we need soon a new thread
"Renault scandal and impact on French economy"

Of course that thread will be in french language

And another one to follow for for PSA group (Peugeot, Citroën)?

And yeah - the never cheating italian will not join the club.

Looking forward to the never improving big companies.
GFIs1

Reply With Quote
The following 4 users say Thank You to GFIs1 for this post:
 
  #196 (permalink)
Elite Member
Omer עומר / Israel י
 
Futures Experience: Master
Platform: NinjaTrader, Proprietary,
Broker/Data: Ninjabrokerage/IQfeed + Synthetic datafeed
Favorite Futures: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC
 
rleplae's Avatar
 
Posts: 2,503 since Sep 2013
Thanks: 1,706 given, 3,715 received
Forum Reputation: Legendary


GFIs1 View Post
I see - we need soon a new thread
"Renault scandal and impact on French economy"

Of course that thread will be in french language


GFIs1

il n'y a aucun problème ;-))

no problem at all

no problemo

Reply With Quote
The following 3 users say Thank You to rleplae for this post:
 
  #197 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,602 received
Forum Reputation: Legendary


rleplae View Post
il n'y a aucun problème ;-))

no problem at all

no problemo



Actually there are three stages:

Stage 1 : You are aware of the problem and hide it.
Stage 2 : Others are aware of the problem.
Stage 3: You are no longer aware of the problem.

Engineers from Renault simply skipped step 1.

Reply With Quote
The following user says Thank You to Fat Tails for this post:
 
  #198 (permalink)
Market Wizard
Germany
 
Futures Experience: Intermediate
Platform: Other
Favorite Futures: ES, YM, 6E
 
Posts: 2,644 since Feb 2013
Thanks: 4,904 given, 6,441 received
Forum Reputation: Legendary


Fat Tails View Post
Actually there are three stages:

Stage 1 : You are aware of the problem and hide it.
Stage 2 : Others are aware of the problem.
Stage 3: You are no longer aware of the problem.

Engineers from Renault simply skipped step 1.

Like Mueller used to say: "... we just didn't understand the question first."

Reply With Quote
The following 2 users say Thank You to choke35 for this post:
 
  #199 (permalink)
Elite Member
Omer עומר / Israel י
 
Futures Experience: Master
Platform: NinjaTrader, Proprietary,
Broker/Data: Ninjabrokerage/IQfeed + Synthetic datafeed
Favorite Futures: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC
 
rleplae's Avatar
 
Posts: 2,503 since Sep 2013
Thanks: 1,706 given, 3,715 received
Forum Reputation: Legendary

Renault recalling 15.000 new cars :

Renault to modify 15,000 new cars in emission scare - BBC News

Reply With Quote
 
  #200 (permalink)
Elite Member
Chemnitz, Germany
 
Futures Experience: Intermediate
Platform: Python
Favorite Futures: ALL the futures (and options)
 
Posts: 80 since Sep 2014
Thanks: 304 given, 48 received


Fiat Chrysler and GM also started "voluntary update" programs after internal inquiries have found "irregularities".

Reply With Quote

Reply



futures io > > > VW scandal and impact on German economy

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
France Faces 'Devastating Scandal' as Economy Stalls Quick Summary News and Current Events 0 April 9th, 2013 05:10 AM
Libor Scandal: Why Criminal Charges Are Now Likely Quick Summary News and Current Events 0 July 23rd, 2012 05:20 PM
Vatican faces widening of leaks scandal kbit News and Current Events 0 May 27th, 2012 10:19 PM
G-20 Demands German Gold To Keep Eurozone Intact; German Central Bank Tells G-20 Wher Quick Summary News and Current Events 0 November 6th, 2011 03:00 AM
Fed Poised to Aid Economy, But Impact Is Cloudy Quick Summary News and Current Events 0 November 2nd, 2010 11:40 AM


All times are GMT -4. The time now is 01:07 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-16 in 0.08 seconds with 19 queries on phoenix via your IP 54.91.38.173