Porsches “creeping takeover” of VW

I don’t count myself as any kind of financial expert but I do like this story of how the luxury car company snuck up on hundreds of hedge funds and simply yanked the rug from under their feet.
Porsche had previously owned 42.6% of VW stock but then through buying options on VW shares rather than [...]

Wall-E Street 2: Gekko v Basel

Been trying to chase down some factoids around the potential release of Wall Street 2: Money Never Sleeps, which was reported as having started pre-production in May 2007. Since then there’s been scarcely a peep on it. What we do know:Michael Douglas is still in, having just come out of jail.
Oliver Stone is out since [...]