Volkswagen Finance Quotes

The Volkswagen had been ordered up by Hitler, financed by money confiscated from workers, and built initially in a factory staffed by forced laborers.

As Volkswagen shares plummeted, Porsche’s obligations to Maple Bank began piling up on an almost hourly basis. At 8:14 a.m. on October 21, for example, Maple Bank confirmed in an e-mail to executives in Porsche’s finance department that it had received €300 million ($420 million) in security.15 At a few minutes after noon, a bank employee sent another e-mail to the Porsche executives advising them of their obligation to transfer another 243 million ($340 million). Porsche obliged forty minutes later. Then, at 2:10 p.m., Maple Bank asked for another €417 million ($584 million). And on it went.