October 25, 2016

Volkswagen: Is It Too Late Now To Say Sorry?

German car company Volkswagen (VW) reached a landmark $15 billion settlement over its emissions cheating scandal from last year. VW got busted last year lying to regulators on both sides of the Atlantic about how much CO2 their cars were emitting. This settlement is on par with BP’s $20 billion record settlement for its Deepwater Horizon spill in the Gulf of Mexico. The settlement, while huge, will allow VW to draw a line in the sand and save what’s left of the business, provided it reaches settlements with all the other governments its pissed off. 

Yes, I want to sound marginally more intelligent: