The Short Squeeze: Volkswagen Auto Group Term Paper by Top Papers

The Short Squeeze: Volkswagen Auto Group
A look at how Porsche and Volkswagen maneuvered a squeeze in the finance community.
# 144042 | 2,500 words | 6 sources | MLA | 2009 | US
Published on Dec 01, 2009 in Business (Companies) , Business (Finance, Investment and Banking)


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Description:

the paper relates that as the finance community watched in astonishment, a family rivalry within Porsche and Volkswagen empires spilled from the boardroom to market floors of international finance when Porsche turned the tables on hedge fund managers. The paper describes how Wolfgang Porsche, chairman of the family concern and Wendlin Wiedeking, Porsche's chief executive, maneuvered a squeeze that in other circumstances would hail the admiration of hedge fund officials.

From the Paper:

""On Wall Street, a corner is not just an intersection of two streets. It is also a way to extract huge profits from speculators who had the temerity to sell a stock short" (Norris par. 1). As the finance community watched in astonishment, a family rivalry within Porsche and Volkswagen empires spilled from the boardroom to market floors of international finance when Porsche turned the tables on hedge fund managers. Wolfgang Porsche, chairman of the family concern and Wendlin Wiedeking, Porsche's chief executive, maneuvered a squeeze that in other circumstances would hail the admiration of hedge fund officials."

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APA Format

The Short Squeeze: Volkswagen Auto Group (2009, December 01) Retrieved December 14, 2019, from https://www.academon.com/term-paper/the-short-squeeze-volkswagen-auto-group-144042/

MLA Format

"The Short Squeeze: Volkswagen Auto Group" 01 December 2009. Web. 14 December. 2019. <https://www.academon.com/term-paper/the-short-squeeze-volkswagen-auto-group-144042/>

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