What has generally been considered a rock-solid, safe but boring bet has turned into the most interesting name on any index, at least for this week and the next few. Germany’s famous car maker saw its shares plummet around 30% as the news hit markets, but it has already recovered a big chunk of that ground. The saga seems far from over though, with further claims today that the German government may have been aware of the issue, and many of the details of the company’s liabilities related to the matter yet to be confirmed.
[Source: Portfolio Adviser – September 24 2015, by Alex Sebastian]
