Thu, Jan 22, 2009
Over two days in October 2008, it transpired that the luxury car manufacturer Porsche was the force behind an audacious takeover bid of Volkswagen. The price of the latter's shares rocketed fivefold, shares that had allegedly been bought up by Porsche. On a trip to Germany, The Money Programme's Max Flint attempts to glean evidence of how the car maker became so expert at playing the money market.