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Been following this crisis for VW.
Appears the main issue here is outright fraud by the company to trick the test equipment.
The concept of self regulation by publicly traded companies is flawed.
The key decision makers all get stock options, so greed plays into every decision. I have worked for 3 Fortune 50 companies, the pressure tor quarterly profits has escalated in the past 5 years.
Also there is a new mantra in the corporate ranks, that is to "Encourage risk taking" to gain market share.
I hope VW pays big for this fraud. To make an example for the other companies. Maybe throw a few CEO's in jail. Hey they did it to Martha Stewart!
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